What is ?~?~data mining?’’ How is data mining useful to profit-seeking companies? What are some accounting uses of data mining?

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Accounting Information System    1
Running Head: ACCOUNTING INFORMATION SYSTEM
Accounting Information System
Accounting Information System    2
Data Mining 
The data mining is the process of discovering new knowledge and data by analyzing 
several kinds of data and information. This information can be related to the revenue, costs, and 
prices. The new data can be obtained by assessing the information from different perspectives 
with the help of an appropriate tool. In other words, it can also be said that the data mining is a 
latest technology that is helpful for the companies to provide useful information to their data 
warehouses. This technology is appropriate to refine the data and to create new and useful data,

What is ?~?~data mining?’’ How is data mining useful to profit-seeking companies? What are some accounting uses of data mining?

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