310 Ch 10 Questions

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The XBRL style sheet is made in conformance with which standardized language? A. XBRL GL B. XL C. XML D. XSL

D

Which body mandated that operating firms in its jurisdiction submit their financial reports using XBRL? A. SEC B. GASB C. FASB D. NYSE

A

A data warehouse may include: A. competitor information B. an iPad C. an XBRL style sheet D. a digital dashboard

A

XBRL assurance might include all but which of the following: A. The XBRL tagging is useful to investors. B. The XBRL tagging is accurate and complete. C. The most current, standardized XBRL taxonomy is used. D. The reports generated using XBRL are complete and received on a timely basis.

A

A subset of a data warehouse is called a: A. data martian. B. data mart. C. business intelligence. D. small data warehouse.

B

The computer-based technique to accumulate and analyze data is called: A. data warehouse B. business intelligence C. digital dashboard D. XBRL

B

The steps in business intelligence include: A. create data warehouse, query data warehouse, make decision. B. gather information, analyze data for patterns, make decision. C. analyze data for patterns, gather information, make decision. D. query data warehouse, create data warehouse, make decision.

B

What is the mechanism called that firms may use to track their marketing efforts? A. XBRL B. Digital dashboard C. Data analytics D. Business intelligence

B

Which technique or tool is used to analyze data for business intelligence purposes? A. Decision support systems B. Data mining C. Big Data D. Data marts

B

XBRL GL, or XBRL Global Ledger Taxonomy, is different from XBRL U.S. GAAP because it facilitates: A. efficient communication with the supply chain. B. efficient communication within a firm. C. efficient communication with customers. D. efficient communication between the firm and external parties.

B

The first person to propose using XML as a means to electronically deliver financial information was: A. Herb Hackett B. Albert Gore C. Charles Hoffman D. Robert Byrd

C

The stated advantages of XBRL GL do not include: A. reporting independence. B. flexibility. C. scalability. D. system independence.

C

XBRL facilitates business reporting of: A. only financial information. B. the XML language. C. financial and nonfinancial information. D. business processes.

C

A digital dashboard tracks, in a user-friendly way: A. critical business markets. B. critical business failures. C. automobile speed. D. critical business processes.

D

American Airlines may use business intelligence to: A. track the cost of snacks on its airplanes. B. monitor the cost of its pilots and flight attendants. C. track the cost of its airplane fuel. D. monitor prices on competitive routes. E. All of the choices are correct.

E


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