Created by Shauna Brinker
about 1 year ago
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Question | Answer |
assurance | Independent, professional opinions that 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 to serve a specific purpose. |
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. |
data warehouse | A collection of information gathered from an assortment of external and operational databases to facilitate reporting for decision making 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, 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 |
XML (Extensible Markup Language) | Open, global standard for exchanging information in a format that is both human- and machine-readable. |
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