Which Type of BI Benefits Includes Improved Communication Throughout the Enterprise

question 10

Multiple Choice

Which type of BI benefits includes improved communication throughout the enterprise, improved job satisfaction of empowered users, and improved knowledge sharing?

• A) Quantifiable benefits
• B) Indirectly quantifiable benefits
• C) Unpredictable benefits
• D) Intangible benefits

Recognize the purposes and components of a voucher system in the control of cash payments.

Understand the function and recording of petty cash transactions including the establishment and replenishment of petty cash funds.

Identify internal control procedures for managing cash receipts and disbursements.

Analyze the role of cash management in business operations, including bank reconciliations and the handling of cash overages and shortages.

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Definitions:

Cohen's D

A statistic used to measure the effect size or the strength of the relationship between two variables, specifically in standardized mean difference.

Effect Size

A quantitative measure of the magnitude of a phenomenon, used to indicate the size of an experimental effect.

Independent Variable

The variable that is manipulated or changed in an experiment to see if it has an effect on some other variable.

Type I Error

Incorrectly rejecting a true null hypothesis, also known as a "false positive" in statistical hypothesis testing.