What Is Information That People Use to Support Their Decision-Making

question 14

Multiple Choice

What is information that people use to support their decision-making efforts?

• A) Information cleansing and scrubbing
• B) Data-mining tools
• C) Data mining
• D) Business intelligence

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Definitions:

Non-reporting Entities

Businesses or organizations that are not required to prepare or submit financial reports to regulatory agencies or stakeholders.

AASB 10/IFRS 10

Accounting standards outlining the principles for the presentation and preparation of consolidated financial statements when an entity controls one or more other entities.

Wholly Owned Subsidiary

A company whose entire share capital is held by another company.

Uniform Accounting Practices

Standardized accounting procedures and practices that ensure consistency and comparability across companies and industries.