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TEST BANK For Data Analytics for Accounting, 3rd Edition by Vernon Richardson, Verified Chapters 1 - 9, Complete Newest Version $17.99   Add to cart

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TEST BANK For Data Analytics for Accounting, 3rd Edition by Vernon Richardson, Verified Chapters 1 - 9, Complete Newest Version

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TEST BANK For Data Analytics for Accounting, 3rd Edition by Vernon Richardson, Verified Chapters 1 - 9, Complete Newest Version Chapter 1: Data Analytics for Accounting and Identifying the Questions Chapter 2: Mastering the Data Chapter 3: Performing the Test Plan and Analyzing the Results Chapter ...

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  • October 28, 2024
  • 32
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • 9781265094454
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  • Data Analytics for Accounting, 3rd Edition
  • Data Analytics for Accounting, 3rd Edition
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SOLUTION MANUAL
Data Analytics for Accounting, 3rd Edition

by Vernon Richardson, Chapters 1 - 9




1

,Chapterj1:jDatajAnalyticsjforjAccountingjandjIdentifyingjthejQuestionsj Chapterj2:jMasteringjthejData
Chapterj3:jPerformingjthejTestjPlanjandjAnalyzingjthejResultsj Chapterj4:jCommunicatingjResultsjandjVisualizations
Chapterj5:jThejModernjAccountingjEnvironmentj Chapterj6:jAuditjDatajAnalytics

Chapterj7:jManagerialjAnalytics

Chapterj8:jFinancialjStatementjAnalyticsj Chapterj9:jTaxjAnalytics




2

,SolutionsjManualj–jChapterj1
SolutionsjtojMultiplejChoicejQuestions

1. (LOj1-1)jBigjDatajisjoftenjdescribedjbyjthejfourjVs,jor

a. volume,jvelocity,jveracity,jandjvariability.
b. volume,jvelocity,jveracity,jandjvariety.
c. volume,jvolatility,jveracity,jandjvariability.
d. variability,jvelocity,jveracity,jandjvariety.

Answer:jb

2. LOj1-
4)jWhichjdatajapproachjattemptsjtojassignjeachjunitjinjajpopulationjintojajsmalljsetj ofclassesj(orjgro
ups)jwherejthejunitjbestjfits?

a. Regression
b. Similarityjmatching
c. Co-occurrencejgrouping
d. Classification

Answer:jd

3. (LOj1-
4)jWhichjdatajapproachjattemptsjtojidentifyjsimilarjindividualsjbasedjonjdataj knownaboutjth
em?

a. Classification
b. Regression
c. Similarityjmatching
d. Datajreduction

Answer:jc

4. (LOj1-4)jWhichjdatajapproachjattemptsjtojpredictjconnectionsjbetweenjtwojdatajitems?

a. Profiling
b. Classification
c. Linkjprediction
d. Regression




3

, Answer:jc


5. (LOj1-
6)jWhichjofjthesejtermsjisjdefinedjasjbeingjajcentraljrepositoryjofjdescriptionsjforjalljofj thejdatajattribute
sjofjthejdataset?

a. BigjData
b. Datajwarehouse
c. Datajdictionary
d. DatajAnalytics

Answer:jc

6. (LOj1-5)jWhichjskillsjwerejnotjemphasizedjthatjanalytic-mindedjaccountantsjshouldjhave?

a. Developedjanjanalyticsjmindset
b. Datajscrubbingjandjdatajpreparation
c. Classificationjofjtestjapproaches
d. Statisticaljdatajanalysisjcompetency

Answer:jc

7. (LOj1-5)jInjwhichjareasjwerejskillsjnotjemphasizedjforjanalytic-mindedjaccountants?

a. Datajquality
b. Descriptivejdatajanalysis
c. Datajvisualizationjandjdatajreporting
d. Datajandjsystemsjanalysisjandjdesign

Answer:jd

8. (LOj1-4)jThejIMPACTjcyclejincludesjalljexceptjthejfollowingjsteps:

a. performjtestjplan.
b. visualizejthejdata.
c. masterjthejdata.
d. trackjoutcomes.

Answer:jb

9. (LOj1-4)jThejIMPACTjcyclejspecificallyjincludesjalljexceptjthejfollowingjsteps:

a. datajpreparation.
b. communicatejinsights.
c. addressjandjrefinejresults.
d. performjtestjplan.


4

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