Flashcards
Chapter 9 Key Terms
Cards in this deck (14)
- 1assuranceIndependent and professional opinions that reduce the risk of having incorrect information.
- 2business intelligenceA computer-based technique for accumulating the analyzing data from databases and data warehouses in order to support managerial decision-making.
- 3data martA subset of the information from the data warehouse that serves a specific purpose.
- 4data miningA process of using sophisticated statistics to extract and analyze data from large databases to discern patterns and trends previously unknown.
- 5data warehouseA collection of information that is gathered from an assortment of external and operational databases to facilitate reporting for both decisions and business analysis.
- 6decision support system (DSS)A computer-based information system that facilitates business decision-making activities.
- 7digital dashboardA display to track the firm's process or performance indicators or metrics to monitor critical performance.
- 8XBRL (eXtensible Business Reporting Language)An open and global standard for exchanging financial reporting information.
- 9XBRL Global Ledger Taxonomy (XBRL GL)Serves as a ledger that uses the XBRL standard for internal purposes.
- 10XBRL instance documentA document that contains XBRL elements.
- 11XBRL specificationProvides the underlying technical details of what XBRL is and how it works.
- 12XBRL style sheetAdds presentation elements to XBRL instance documents to make them readable by people.
- 13XBRL taxonomyDefines and describes each key data element in XBRL.
- 14XML (Extensible Markup Language)An open and global standard for exchanging information in a format that is readable for both humans and machines.