ACC200 Ch7 Set 4

Question 1

BI Technologies Visualisation Tools

Answer 1

are complex, requiring specialised knowledge to use; that is the role of BI developer. The visualisation tool, however, should be easy for the accountant (or other end user) to use. So spreadsheets are an ideal choice for a BI visualisation tool.

Question 2

BI Technology advantages

Answer 2

• faster processing of massive accounts of data
• discovery of new knowledge through data mining & predictive modeling
• capability to integrate data from the operational database as well as multiple other sources of data including the Internet
• offer security & control advantages over shadow data

Question 3

BI Technology disadvantages

Answer 3

• a longer development time due to the use of BI developers
• some are not real-time, experiencing a time lag caused by batch updates run only periodically

Question 4

Comparison of business Intelligence Tools

Answer 4

Fig7.26 pg285