farhatullah DQ's

DQ replies

Mod 3 ACC 201

1. Statement of Cash Flows

The cash flow statement is different from an income statement in that a cash flow statement provides a picture of a company's cash position. A cash flow statement looks strictly at cash flow from operations, investing and financing. Cashflow from operations include receipts, cash paid to suppliers and any taxes paid during a specific time period. Cashflow from investing includes cash used to invest in equipment or equipment sold. Cashflow from financing includes money borrowed for the business and any dividend payouts. It ignores and payments and receipts from credit cards as well as outstanding loans.

A cashflow statement simply describes a company's standing with regard to cash flow and its ability to endure downturns in the economy or a decrease in market share in the event of competition from another business or issues with quality.

Reply:

Mod 3 ACC 201

2. Statement of Cash Flows Actions for 'Statement of Cash Flows'

The cash flow statement is different from the income statement because it records just the physical cash that enters and leaves a company. This statement records cash flow from three sources; daily operating activities, investing activities, and financing activities. The purpose of this report is to capture the incoming and outgoing cash from the above three sources. It records cash that creates revenue from sales to returns on loans and/or equity as well as expenses. Purchase or sale of property, facilities, and equipment are also documented. Cash going in from stock, bonds, and notes as well as outgoing cash for dividends and debt are also provided on this document.

Reply:

Mod 3 ITM 490

1. Data Marts and Data Warehouses Actions '

So to understand how a data mart can substitute or supplement a data ware house we need to know what is the difference between the two. A data mart holds summarized data, it holds only one subject area, it integrates information from a certain subject or set of source systems and it's built to focus on a dimensional model. A data warehouse holds very detailed information, can hold multiple subject areas, works on integrating all source data, and does not use the dimensional model. So a data mart can substitute a data warehouse by bunching up a lot of data marts and pretty much replacing a data warehouse which may be good sometimes because data marts are more complex that a data warehouse when it come to information. It can supplement a data warehouse by pretty much acting like satellite hubs and being used in conjunction with the data warehouse.

Reference:What comes first -- the data mart or the data warehouse? (n.d.). Retrieved August 13, 2017, from http://searchdatamanagement.techtarget.com/answer/What-comes-first-mdash-the-data-mart-or-the-data-warehouse

Reply:

2. Mod 3 ITM 490 Data Marts and Data Warehouses Actions

Class,

Data marts are small bits of data that are basically pieces of the overall warehouse. Imagine if you have a 2 TB hard drive and then you took a copy of it and place a small piece of it on hundreds of flash drives (data marts). Together they would all have the info that the warehouse (2 TB hard drive) would. This is a tough thing to think about because if you were to lose 1 of the flash drives then you wouldn’t have all of the information anymore but you would have only lost a small portion. However, if you lose a warehouse (due to corruption, water exposure, etc.) then you have lost absolutely everything. Now this is the exact reason large companies have back-ups and even back-ups to the back-up. "You can catch all the minnows in the ocean and stack them together and they still do not make a whale," Bill Inmon, January 8, 1998. However, some prefer to have the warehouse. “If you have not already built at least half a dozen data marts, don't think you can estimate how much effort a data warehouse will take. You can't. And bring your cheque book”

Data Warehouse Vs Data Mart. (n.d.). Retrieved August 19, 2017, from http://www.datamartist.com/data-warehouse-vs-data-mart

Reply: