Chapter 9 Key Terms

Question	Answer
Data Warehouse	Collection of information gathered from an assortment of external and operational databases.
Data Mart	A subset of the information from the data warehouse serves a specific purpose.
Decision Support System	A computer-based information system that facilitates business decision-making activities.
Business Intelligence	A computer-based technique for accumulating and analyzing data from databases and data warehouses to support managerial decision-making.
Data Mining	A process of using sophisticated statistical techniques to extract and analyze data from large databases to discern patterns and trends that were not previously known.
Digital Dashboard	A display to track the firm’s process, performance indicators, or metrics to monitor critical performance.
XBRL	An open, global standard for exchanging financial reporting information.
XML	Open, the global standard for exchanging information in a human- and machine-readable format.
XBRL taxonomy	Defines and describes each key data element (e.g., total assets, accounts payable, net income, etc.).
XBRL instance document	A document contains XBRL elements.
XBRL style sheet	Adds presentation elements to XBRL instance documents to make them readable by people.
assurance	Independent, professional opinions reduce the risk of having incorrect information.
XBRL Global Ledger Taxonomy (XBRL GL)	Serves as a ledger using the XBRL standard for internal purposes.

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	Created by JACKSON BOEVE over 1 year ago