Question

-

Business intelligence can detect fraudlant practise in finance, banking, Insurance etc

Select one:

a. True

b. False

2-

A spreadsheet is a computer application for organization, analysis and storage of data in tabular form.

Select one:

a. True

b. False

3-

Business Intelligence system is used by higher level of management in strategic decision making.

Select one:

a. True

b. False

4-

Which of the following is not a type of information system?

Select one:

a. Management Information System

b. Transaction Processing system

c. Operating System

d. Decision support system

5-

During extraction, the desired data is identified and extracted from many different sources, including

Select one:

a. Database systems and applications

b. Business and operating systems

c. Operating system and Application

Answer 1

(1) Business intelligence can detect fraudulent practice in finance, banking, Insurance, etc

Answer; True

With the support of different sources like analytical tools, data science, etc the Business Intelligence(BI) could detect fraudulent practices in organizations.

(2) A spreadsheet is a computer application for organization, analysis, and storage of data in tabular form.

Answer: True

As the statement explains, spreadsheets are computer applications widely used to analyze, organizing, and store huge data in a tabular form.

(3) Business Intelligence system is used by a higher level of management in strategic decision making.

Answer: True

From the wide researches conducted and the data analyzed from the real experiences, it is shown a positive appeal that Business Intelligence could be used as a medium or a source for gathering data and information by higher levels management personnel in strategic decision making.

(4) Which of the following is not a type of information system?

Answer: Operating System

Operating systems are a collection of a different set of applications that help to manage and perform the operations of a computer or a machine where it can't gather the data or the information on its own. But information systems are a set of components which used to gather, organize, filter, and store the necessary information which is built in a specific manner to do the specific tasks.

(5) During extraction, the desired data is identified and extracted from many different sources, including

Answer: Database systems and applications

In the process of ETL (Extracting, Transporting, Transforming, and Loading) in data warehouses, during the extraction part, the desired data is identified and extracted from many different sources including databases and applications. Since, during the extraction period, it is quite struggling and a hectic task to identify the relevant data from the huge chunk, if the databases and applications could be extracted then the user could pull out the data according to the needs in the later point of time.

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