37903025
Description
Flashcards by Mackenzie Burch, updated more than 1 year ago
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Created by Mackenzie Burch
about 3 years ago
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| Question | Answer |
| assurance | Independent and professional opinions that reduce the risk of having incorrect information. |
| business intelligence | A computer-based technique for accumulating the analyzing data from databases and data warehouses in order to support managerial decision-making. |
| data mart | A subset of the information from the data warehouse that serves a specific purpose. |
| data mining | A process of using sophisticated statistics to extract and analyze data from large databases to discern patterns and trends previously unknown. |
| data warehouse | A collection of information that is gathered from an assortment of external and operational databases to facilitate reporting for both decisions and business analysis. |
| decision support system (DSS) | A computer-based information system that facilitates business decision-making activities. |
| digital dashboard | A display to track the firm's process or performance indicators or metrics to monitor critical performance. |
| XBRL (eXtensible Business Reporting Language) | An open and global standard for exchanging financial reporting information. |
| XBRL Global Ledger Taxonomy (XBRL GL) | Serves as a ledger that uses the XBRL standard for internal purposes. |
| XBRL instance document | A document that contains 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 in XBRL. |
| XML (Extensible Markup Language) | An open and global standard for exchanging information in a format that is readable for both humans and machines. |
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