Indicate which type of analytics, predictive or prescriptive, is most likely being described by each of the

Question:

Indicate which type of analytics, predictive or prescriptive, is most likely being described by each of the following independent statements.
1. Provides insights on how to deal with expected cash shortages
2. Answers the question “What will happen and when?”
3. Maximizes overall returns and profitability over the long run
4. Real-time data from banks and other financial partners can be used
5. Considers a diverse range of data
6. Usually relies mainly on past transaction history
7. Provides recommendations on how to optimally invest excess cash
8. Answers the question “What action should be taken?”
9. Models a few aspects of a business
10. Supports what-if scenarios

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Managerial Accounting

ISBN: 9780137858514

7th Edition

Authors: Karen W. Braun, Wendy M. Tietz

Question Posted: