Question 1

Which business intelligence tool is more likely to identify a credit card transaction from a stolen credit and not from the cardholder?

Accepted Answer

A) Data mining 
B) Predictive modeling 
C) Interactive decision model 
D) Shadow data 
A) Data mining 
B) Predictive modeling 
C) Interactive decision model 
D) Shadow data

Question 2

As the business environment becomes more complex and diverse, more factors must be considered when making decisions.

Accepted Answer

A) True 
 B)False

Question 3

Which business intelligence tool is more likely to identify the next "must have" children's toy?

Accepted Answer

A) Shadow data 
B) Predictive modeling 
C) Data mining 
D) Interactive decision model 
A) Shadow data 
B) Predictive modeling 
C) Data mining 
D) Interactive decision model

Question 4

Shadow data typically includes analytics, data mining, and predictive modeling.

Accepted Answer

A) True 
 B)False

Question 5

What is web mining? Provide an example.

Accepted Answer

Web mining is similar to the searches yo

Question 6

Open Database Connectivity

Accepted Answer

A) Performs analysis on shadow data 
B) Performs analysis on data in a relational database 
C) Provides a visual image of the data 
D) Translates query commands into commands compatible to RDBMS commands 
A) Performs analysis on shadow data 
B) Performs analysis on data in a relational database 
C) Provides a visual image of the data 
D) Translates query commands into commands compatible to RDBMS commands

Question 7

A digital dashboard, an interactive tool that allows a user to see the effect of changes in various scenarios, is an example of ________.

Accepted Answer

The answer of A digital dashboard, an interactive tool that...

Question 8

Why are spreadsheets popular for performing data analysis?

Accepted Answer

Spreadsheets are convenient. The account

Question 9

Shadow data can exist in tools other than spreadsheets, such as user-developed databases.

Accepted Answer

A) True 
 B)False

Question 10

The IDM consists of seven basic steps as a framework for the decision-making and evaluation process. List these steps in order.

Accepted Answer

1. Define the opportunity or issue.
2. I

Question 11

A data warehouse can be thought of as

Accepted Answer

A) A location to store shadow data 
B) A staging area for data analysis 
C) A cluster of operational databases 
D) Unused data archived for historical purposes 
A) A location to store shadow data 
B) A staging area for data analysis 
C) A cluster of operational databases 
D) Unused data archived for historical purposes

Question 12

Shadow data may be stored in

Accepted Answer

A) MS Access 
B) Lotus Notes 
C) Emails 
D) All the above 
A) MS Access 
B) Lotus Notes 
C) Emails 
D) All the above

Question 13

Businesses are turning to complex mathematical formulas, called ________, to analyze data to make better decisions.

Accepted Answer

The answer of Businesses are turning to complex mathematical formulas,...

Question 14

The electronic tags used by XBRL permit the user to slice and dice data for multidimensional data analysis.

Accepted Answer

A) True 
 B)False

Question 15

Which one of the following is NOT a predecessor of today's tools used for data analysis?

Accepted Answer

A) Executive information systems 
B) Business intelligence systems 
C) Enterprise resource planning systems 
D) Decision support systems 
A) Executive information systems 
B) Business intelligence systems 
C) Enterprise resource planning systems 
D) Decision support systems

Question 16

Create/draw the IDM template.

Accepted Answer

The answer of Create/draw the IDM template....

Question 17

Which type of database architecture is more suited for business intelligent technologies?

Accepted Answer

A) Dimensional database architecture 
B) Relational database architecture 
C) Network database architecture 
D) Hierarchical database architecture 
A) Dimensional database architecture 
B) Relational database architecture 
C) Network database architecture 
D) Hierarchical database architecture

Question 18

Data storage for shadow data is kept in a centralized location in an organization.

Accepted Answer

A) True 
 B)False

Question 19

________ are IT tools suited for storing data, but have limitations for analyzing data.

Accepted Answer

Relational

Question 20

What are two approaches to business intelligence commonly used by companies?

Accepted Answer

Shadow data. Shadow data is used when da

Which business intelligence tool is more likely to identify a credit card transaction from a stolen credit and not from the cardholder?

As the business environment becomes more complex and diverse, more factors must be considered when making decisions.

Which business intelligence tool is more likely to identify the next "must have" children's toy?

Shadow data typically includes analytics, data mining, and predictive modeling.

What is web mining? Provide an example.

Open Database Connectivity

A digital dashboard, an interactive tool that allows a user to see the effect of changes in various scenarios, is an example of ________.

Why are spreadsheets popular for performing data analysis?

Shadow data can exist in tools other than spreadsheets, such as user-developed databases.

The IDM consists of seven basic steps as a framework for the decision-making and evaluation process. List these steps in order.

A data warehouse can be thought of as

Shadow data may be stored in

Businesses are turning to complex mathematical formulas, called ________, to analyze data to make better decisions.

The electronic tags used by XBRL permit the user to slice and dice data for multidimensional data analysis.

Which one of the following is NOT a predecessor of today's tools used for data analysis?

Create/draw the IDM template.

Which type of database architecture is more suited for business intelligent technologies?

Data storage for shadow data is kept in a centralized location in an organization.

________ are IT tools suited for storing data, but have limitations for analyzing data.

What are two approaches to business intelligence commonly used by companies?

Accounting Systems Insights

Accounting Databases

Accounting Interface: Database Forms, Queries, and Reports

Accounting Systems and Business Processes

Business Processes: Purchasing, Sales, and Payroll Cycles

Integrated Enterprise Systems and Cloud Computing

Accounting and Sustainability Intelligence

XBRL: Intelligent Business Reporting

Fraud and Internal Control

Cybersecurity

The Risk Intelligent Enterprise: Enterprise Risk Management

Accounting System Development

Database Design: ERD, REA, and SQL

Filters

Exam 7: Accounting and Business Intelligence

Which business intelligence tool is more likely to identify a credit card transaction from a stolen credit and not from the cardholder?

As the business environment becomes more complex and diverse, more factors must be considered when making decisions.

Which business intelligence tool is more likely to identify the next "must have" children's toy?

Shadow data typically includes analytics, data mining, and predictive modeling.

What is web mining? Provide an example.

Open Database Connectivity

A digital dashboard, an interactive tool that allows a user to see the effect of changes in various scenarios, is an example of ________.

Why are spreadsheets popular for performing data analysis?

Shadow data can exist in tools other than spreadsheets, such as user-developed databases.

The IDM consists of seven basic steps as a framework for the decision-making and evaluation process. List these steps in order.

A data warehouse can be thought of as

Shadow data may be stored in

Businesses are turning to complex mathematical formulas, called ________, to analyze data to make better decisions.

The electronic tags used by XBRL permit the user to slice and dice data for multidimensional data analysis.

Which one of the following is NOT a predecessor of today's tools used for data analysis?

Create/draw the IDM template.

Which type of database architecture is more suited for business intelligent technologies?

Data storage for shadow data is kept in a centralized location in an organization.

________ are IT tools suited for storing data, but have limitations for analyzing data.

What are two approaches to business intelligence commonly used by companies?

Accounting Systems Insights

Accounting Databases

Accounting Interface: Database Forms, Queries, and Reports

Accounting Systems and Business Processes

Business Processes: Purchasing, Sales, and Payroll Cycles

Integrated Enterprise Systems and Cloud Computing

Accounting and Sustainability Intelligence

XBRL: Intelligent Business Reporting

Fraud and Internal Control

Cybersecurity

The Risk Intelligent Enterprise: Enterprise Risk Management

Accounting System Development

Database Design: ERD, REA, and SQL

Filters