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In a dashboard, users can:
In a dashboard, users can:A) drill down to more finely grained information.
B) create their own reports based on custom queries.
C) view overall firm performance data.
D) view data according to different dimensions of the data.
E) predict future outcomes according to changing circumstances.
Final answer:Dashboards are versatile tools in business that allow users to drill down for detailed information, create custom reports, view firm performance data, analyze data dimensions, and predict future outcomes based on changing scenarios. Correct answer is option A.Explanation:In a dashboard, users have the capability to engage in various activities that enhance their understanding and management of company data. They can drill down to access more detailed information, thereby understanding specific aspects of financial data or operations more intricately. Dashboards allow users to create their own reports based on custom queries, tailoring the information to meet specific requirements or to answer targeted questions. This customization can be crucial in analyzing different dimensions of data and in making strategic decisions. Furthermore, overviews of firm performance are readily available, providing a high-level view of a company's status. Another significant functionality of dashboards is to enable users to view data according to different dimensions, which can range from financial breakdowns to time-based analyses. Lastly, advanced dashboards possess predictive capabilities, allowing users to project future outcomes based on varying scenarios, which is critical for strategic planning and responding proactively to market changes.Through the integration and visualization of data, such as financial statistics, tables, and colorful graphs, dashboards encapsulate a comprehensive toolset for business analytics. They serve as a centralized platform for data presentation and analysis, designed to facilitate informed decision-making processes. Businesses use dashboards to compile data from different systems, such as sales, customer service, or HR, enabling a multifaceted view of the company's operations and forecasting....