Which Form of BI Uses Months to Years as Its

question 20

Multiple Choice

Which form of BI uses months to years as its time frame?

• A)Operational BI
• B)Tactical BI
• C)Strategic BI
• D)All of these

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Definitions:

Material Used

The raw materials consumed in the manufacturing process to produce goods.

Produced Units

The total number of items manufactured or produced by a company within a specific period.

Data Period

Data period refers to the specific time frame during which data is collected, analyzed, or reported.

Total Direct Labor Cost Variance

The difference between the budgeted cost of direct labor for actual production and the actual cost incurred for direct labor.