All of the following statements about data mining are true EXCEPT
the process aspect means that data mining should be a one-step process to results.
<u>Explanation:</u>
When you are in a need to find the patterns in a data set which is very large, then the process called data mining can be used. The methods like machine learning, database and statistics are used in finding patterns. Data mining helps in getting some useful information from a large set of data.
Hence, with the method of data mining we can discover the patterns that exists in a given data set and that are not known already. It helps in obtaining some useful information that can be utilized in various business aspects. It does not involve single step in finding patterns in data set and the patterns that are discovered with this data mining will be true which is its noble aspect.
Answer:
The correct option is (B) Monterosa
Explanation:
At the time when the goods are shipped so in the case of FOB destination the goods title would be transferred to the buyer at the time of reaching to the buyer destination as mentioned by the buyer. Till then it would be included in the seller's inventory
So as per the given situation, Monterosa should involves this goods in its closing inventory i.e. as on December 31
Answer:
I. Lack of a proper pension system
II. Corruption
III. Lack of interest.
Explanation:
I. Lack of a proper pension system: Some countries especially in the developing countries have no proper pension system which makes them not to put good attention to pension accounting
II. Corruption: This is one of the main reasons why pension accounting is given less accounting in many countries of the world, as some leaders usually wants to create room to loot the funds of the pensioners.
III. Lack of adequate interest: Some countries of the world give less focus and emphasis on the plights of pensioners which makes them not to put good effort to their issues or pension accounting.
Answer:
$45.47
Explanation:
Data provided as per the given question below:-
Stock's Current Price = $35.25
Growth rate = 5.25%
Years = 5
The computation of stock's expected price is shown below:-
Stock's expected price = Stock's Current Price × (1 + growth rate)^5
= $35.25 × (1 + 5.25%)^5
= $35.25 × (1.0525)^5
= $35.25 × 1.29
= $45.47
