I Sys 414 - Ch. 14 - Reporting System

Front 1

responsibility accounting

Back 1

reporting financial results on the basis of managerial responsibilities within an organization

Front 2

XBRL

Back 2

Extensible Business Reporting Language - variant of XML specifically designed for use in communicating the content of financial data

Front 3

audit trail

Back 3

depicts a path of a transaction through the accounting system.

Front 4

balanced scorecard

Back 4

report that provides a multidimensional perspective of organizational performance

Front 5

data warehouse

Back 5

contains both detailed and summarized data for a number of years and is used for analysis rather than transaction processing.

Front 6

data marts

Back 6

Smaller data warehouses, specifically for a department.

Front 7

Business Intelligence

Back 7

The process of accessing the data contained in a data warehouse and using it for strategic decision making

Front 8

Online Analytical Processing (OLAP)

Back 8

using queries in which the user guides the investigation of hypothesized relationships in the data.

Front 9

data mining

Back 9

uses sophisticated statistical analysis, including artificial intelligence, to 'discover' unhypothesized relationships in the data

Front 10

general journal listing

Back 10

shows the details of each entry posted to the general ledger

Front 11

trial balance

Back 11

report that lists the balances for all general ledger accounts

Front 12

journal voucher

Back 12

Journal entries to update the general ledger are documented on this form