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What is Data Analytics: Data Analytics, also known as Data Analysis, is the strategized extraction of business-to-consumer data in both qualitative and quantitative processes to identify trends, both current and future, as well as new opportunities to determine the best decisions for the business which alter according to organizational needs and requirements. For example, for a startup organization, product marketing act as a growth catalyst in establishing brand value in the market, which is very costly and usually eats up a huge part of the budget. 3. Big Data Analytics – This technique is the advanced form of conventional Business intelligence techniques which taps the less investigated areas of business.
If accounting is done on cash basis, keeping track of such issues may require extra efforts and resources, but the accrual basis makes sure that these untimely revenue issues reflect in the master account itself. These audits also make sure …