Prescriptive BI Capabilities Are Viewed as More Powerful Than Predictive

question 59

Multiple Choice

Prescriptive BI capabilities are viewed as more powerful than predictive ones for all the following reasons EXCEPT

• A) prescriptive BI gives actual guidance as to actions.
• B) understanding the likelihood of certain events often leaves unclear remedies.
• C) only prescriptive BI capabilities have monetary value to top-level managers.
• D) prescriptive models generally build on (with some overlap) predictive ones.

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Definitions:

Financial Accounting Standards Board

An independent nonprofit organization responsible for establishing accounting and financial reporting standards for companies and nonprofit organizations in the United States.

Certified Public Accountants

Licensed professionals who offer financial services such as auditing, tax preparation, and financial planning, and must adhere to professional standards.

Accounting Principles

The rules and guidelines that companies must follow when reporting financial data and accounting information.

Proprietorships

Business entities owned by one individual, where there is no legal distinction between the owner and the business.