Answer:
d. discovering unknown patterns in a large pool of data.
Explanation:
Data mining is discovering unknown patterns in a large pool of data. Data mining is a way of generating information from data.
Data mining can be used to:
1. Gather customer information which can be used in marketing
2. Detect fraud
3.credit risk management
I hope my answer helps you.
Answer:
a. $44.44
Explanation:
The amortization will be allowed for 10 months in the year (March-December) as the return is filed on a calendar year basis. The deduction allowed per month $4.44 ($800 / 180).
The maximum allowable deduction for amortization of organizational expenditures in the current year is $44.44 ($4.44*10 months).
Answer:
Entry to replenish
Dr. Expenses $517.5
Dr. Cash Short $20
Cr. Cash (675-137.5) $537.5
Explanation:
Petty cash is a small amount of fund which is kept in the business for day to day expenses. Cash is issued from this fund for daily small expense which is not appropriate to withdraw from the bank by check.
The difference between the expenses receipts and cash outflow is cash excess or short.
In this question there is a cash shortage because the cash payment is more than the receipt received / available.
