Flashcards
Chapter 9 Key Terms
Flashcards do conjunto (14)
- 1assuranceIndependent, professional opinions that reduce the risk of having incorrect information.
- 2business intelligenceA computer-based technique for accumulating and analyzing data from databases and data warehouses to support managerial decision making.
- 3data martA subset of the information from the data warehouse to serve a specific purpose.
- 4data miningA process of using sophisticated statistical techniques to extract and analyze data from large databases to discern patterns and trends that were not previously known.
- 5data warehouseA collection of information gathered from an assortment of external and operational (i.e, internal) databases to facilitate reporting for decision making 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, global standard for exchanging financial reporting information.
- 9XBRL Global Ledger Taxonomy (XBRL GL)Serves as a ledger using the XBRL standard for internal purposes.
- 10XBRL instance documentA document containing 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 (e.g., total assets, accounts payable, net income, etc.).
- 14XML (Extensible Markup Language)Open, global standard for exchanging information in a format that is both human- and machine-readable.