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.
The reason why commodity futures contracts are transferable is: <span>They can be bought and sold but the obligation in the contract remains valid.
Commodity futures contract is an agreement to buy or sell a specific asset at a specific price somewhere in the future.
This contract does not specify the name of the person who should buys the asset, so it could be transferable as long as the exchange is still fuiflled.
</span>
Answer:
The correct answer is letter "A": do nothing, if the listing item is not on the property as of the date of the contract, it is not included nor necessary to cross it out.
Explanation:
The inclusions section of a buy or sell contract includes several items that might not be part of the property. The fact that those objects are part of the section does not imply they are part of the property in question. That is the reason why the section has the name of "<em>if on the Property whether attached or not on the date of this Contract</em>".
Answer:
The correct answer is venture capitalists generally have an exit strategy
Explanation:
Venture capitalists are private individuals that make funds available to high growth startups in exchange for equity stake in the company.
Venture capitalists usually have an exit plan, in that their investment for short to medium term,as they intend to dispose their investment when it is most profitable to do so,with aim of reaping high returns overall on their initial investment.
Venture capital is not easy to obtain, as a business must show signs of high growth in near future to attract venture capitalists.
Venture capitalists do not invest in all forms of businesses as they only place their funds in selected business ventures
Answer:
C. November
Explanation:
The revenue recognition principle is an accounting principle that requires revenue to be recorded only when it is earned, not when the related cash is collected. It is a cornerstone of accrual accounting together with the matching principle. According to the principle, revenues are recognized when they are realized or realizable, and are earned (usually when goods are transferred or services rendered), no matter when cash is received. It means that revenues or income should be recognized when the services or products are provided to customers regardless of when the payment takes place. And since the drill press was delivered two weeks after November 14, the Sear will record the revenue for this transaction in November according to this principle.
