Question

Gimbly Cricket Corp. created a decision aid, linked to its data warehouse, to enable senior management to monitor, in real time, changes in oil production at its oil wells in Kazakhstan. This is an example of:

Answer 1

Answer: Internal and non financial reporting

Explanation: Internal reporting refers to performance reporting by the workers of the organisation to the upper level management, who are responsible for decision making.

Non financial reporting refers to the reporting of information related to the social, environmental and cultural aspects of an organisation.

In the given case, Gimbly is making changes in the warehouse system so that top managers can have information about the business environment change.

Hence, we can conclude that It is an example of Internal and non financial reporting.