Identify a technique under the executive information systems (EISs)that allows managers to flag data that is unusual or out of normal boundaries.
A)Forecasting
B)Text mining
C)Variance reporting
D)Data reporting

Question

Quizplus · Accepted Answer

Variance reporting is a technique under the executive information systems (EISs) that allows managers to flag data that is unusual or out of normal boundaries. It involves comparing actual values against expected or target values and identifying variances that require further analysis or action. By doing so, managers can quickly identify potential issues or opportunities and make timely and informed decisions. Forecasting (A) is a technique that involves predicting future values based on historical trends and patterns. Text mining (B) is a technique that involves extracting useful information from unstructured data sources such as emails, documents, social media, and multimedia. Data reporting (D) is a technique that involves presenting and visualizing data in a structured and organized manner, typically using charts, graphs, tables, and dashboards.

Identify a Technique Under the Executive Information Systems (EISs)that Allows