37906544
Description
Flashcards by JACKSON BOEVE, updated more than 1 year ago
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Created by JACKSON BOEVE
over 1 year ago
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| Question | Answer |
| Assurance | Independent, Professional opinions reduce the risk of having incorrect information. |
| Business Intelligence | A computer-based technique for accumulating and analyzing data from databases and data warehouses to support managerial decision-making. |
| Data Mart | A subset of the information from the data warehouse serves a specific purpose. |
| Data Mining | A process of using sophisticated statistical techniques to extract and analyze data from extensive data to discern patterns and trends that were not previously known |
| Data Warehouse | A collection of information gathered from various external and operational (i.e., internal) databases to facilitate decision-making and business analysis reporting. |
| Decision Support System | A computer-based information system that facilitates business decision-making activities. |
| Digital Dashboard | A display to track the firm’s process, performance indicators, or metrics to monitor critical performance. |
| XBRL (Extensible Business Reporting Language) | An open, global standard for exchanging financial reporting information. |
| XBRL Global Ledger Taxonomy (XBRL GL) | Serves as a ledger using the XBRL standard for internal purposes. |
| XBRL instance document | A document containing XBRL elements. |
| XBRL specification | Provides the underlying technical details of what XBRL is and how it works. |
| XBRL style sheet | Adds presentation elements to XBRL instance documents to make them readable by people. |
| XBRL taxonomy | Defines and describes each key data element (e.g., total assets, accounts payable, net income, etc.). |
| XML (Extensible Markup Language) | Open, a global standard for exchanging information in a human- and machine-readable format. |
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