How frequently are changes to the AFP updated in BI?

The correct answer indicates that changes to the Annual Financial Plan (AFP) are updated in the Business Intelligence (BI) system within a time frame that varies from 2 to 24 hours. This frequency of updates allows organizations to maintain a balance between ensuring timely access to vital financial data and managing the resources and systems required for real-time data processing.

Updates occurring within this range ensure that decision-makers are working with relatively current data to inform their strategies, budgets, and operational adjustments. This flexibility also accommodates the variability in how rapidly data can be processed and the potential for fluctuations in workflow demands. By allowing for a range of 2 to 24 hours for updates, organizations can develop effective monitoring and intervention strategies without overwhelming their BI systems or staff.

In contrast, more frequent updates every hour might not be sustainable due to resource constraints, while daily or weekly updates would reduce the timeliness of data available for quick decision-making.