Which of the Following Is True of Source Data for a BI

question 30

Multiple Choice

Which of the following is true of source data for a BI system?

• A) It refers to the organization's metadata.
• B) It refers to data that the organization purchases from data vendors.
• C) It refers to the level of detail represented by the data.
• D) It refers to the hierarchical arrangement of criteria that predict a classification or a value.

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Definitions:

Financial Statements

Formal records of the financial activities and position of a business, person, or other entity, typically including the balance sheet, income statement, and cash flow statement.

Unadjusted Trial Balance

A preliminary report of all accounts in the general ledger, before any adjusting entries are made to prepare financial statements.

Interim Financial Reports

financial statements prepared and published at intervals shorter than a fiscal year, such as quarterly or semi-annual reports.

Fiscal Year

A 12-month period used for accounting purposes and preparing financial statements, which may not align with the calendar year.