Business intelligence

software and management information system are always used interchangeably and

are therefore the same concept.

Which one of the following is NOT an advantage of XBRL?

The main aim of an MIS is to provide valuable information in a usable format, to the relevant person at the right time.

XBRL can broadly be defined as the electronic communication of financial and business information to all stakeholders.

Business intelligence software (BIS) refers to special software that segregates and arranges information obtained from a data warehouse, from all functional areas in the organisation and external sources.

Which one of the following is NOT an example of a Marketing management information system (MIS) application?

Valuable information must be accurate and that means the information _______.

Demand reports are generated as outputs by the MIS and is produced at the specific request of a user.

Financial statements can be presented in the form of a block of text

in a standard HTML internet page.

Extensible Markup Language (XML) is not only a markup language but also a financial reporting standard.