100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
SOLUTION MANUAL For Data Analytics for Accounting, 3rd Edition by Vernon Richardson, Verified Chapters 1 - 9, Complete Newest Version $21.49
Add to cart

Exam (elaborations)

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

 0 purchase
  • Module
  • Data Analytics for Accounting, 3rd Edition
  • Institution
  • Data Analytics For Accounting, 3rd Edition

SOLUTION MANUAL For Data Analytics for Accounting, 3rd Edition by Vernon Richardson, Verified Chapters 1 - 9, Complete Newest Version SOLUTION MANUAL For Data Analytics for Accounting, 3rd Edition by Vernon Richardson, Verified Chapters 1 - 9, Complete Newest Version Chapter 1: Data Analytics for A...

[Show more]

Preview 4 out of 85  pages

  • January 19, 2025
  • 85
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • 9781265094454
  • accounting
book image

Book Title:

Author(s):

  • Edition:
  • ISBN:
  • Edition:
  • Data Analytics for Accounting, 3rd Edition
  • Data Analytics for Accounting, 3rd Edition
avatar-seller
GeniusSolutions
1

,TABLE OF CONTENTS
HT HT




Chapter 1: Data Analytics for Accounting and Identifying the Questions
HT HT HT HT HT HT HT HT HT




Chapter 2: Mastering the Data
HT HT HT HT




Chapter 3: Performing the Test Plan and Analyzing the Results
HT HT HT HT HT HT HT HT HT




Chapter 4: Communicating Results and Visualizations
HT HT HT HT HT




Chapter 5: The Modern Accounting Environment
HT HT HT HT HT




Chapter 6: Audit Data Analytics
HT HT HT HT




Chapter 7: Managerial Analytics
HT HT HT




Chapter 8: Financial Statement Analytics
HT HT HT HT




Chapter 9: Tax Analytics
HT HT HT




2

,Solutions Manual – Chapter 1 HT HT HT HT




Solutions to Multiple Choice Questions
HT HT HT HT




1. (LO 1-1) Big Data is often described by the four Vs, or
HT HT HT HT HT HT HT HT HT HT HT




a. volume, velocity, veracity, and variability.
HT HT HT HT



b. volume, velocity, veracity, and variety.
HT HT HT HT



c. volume, volatility, veracity, and variability.
HT HT HT HT



d. variability, velocity, veracity, and variety.
HT HT HT HT




Answer: b HT




2. LO 1- HT



4) Which data approach attempts to assign each unit in a population into a small set ofclasses (or grou
HT HT HT HT HT HT HT HT HT HT HT HT HT HT HT HT H
T HT HT



ps) where the unit best fits?
HT HT HT HT HT




a. Regression
b. Similarity matching HT



c. Co-occurrence grouping HT



d. Classification

Answer: d HT




3. (LO 1- HT



4) Which data approach attempts to identify similar individuals based on data knownabout them?
HT HT HT HT HT HT HT HT HT HT HT HT H
T HT




a. Classification
b. Regression
c. Similarity matching HT



d. Data reduction
HT




Answer: c HT




4. (LO 1-4) Which data approach attempts to predict connections between two data items?
HT HT HT HT HT HT HT HT HT HT HT HT




a. Profiling
b. Classification
c. Link prediction
HT



d. Regression




3

, Answer: c HT




5. (LO 1- HT



6) Which of these terms is defined as being a central repository of descriptions for all ofthe data attribut
HT HT HT HT HT HT HT HT HT HT HT HT HT HT HT HT H
T HT HT



es of the dataset?
HT HT HT




a. Big Data
HT



b. Data warehouse
HT



c. Data dictionary
HT



d. Data Analytics
HT




Answer: c HT




6. (LO 1-5) Which skills were not emphasized that analytic-minded accountants should have?
HT HT HT HT HT HT HT HT HT HT HT




a. Developed an analytics mindset HT HT HT



b. Data scrubbing and data preparation
HT HT HT HT



c. Classification of test approaches HT HT HT



d. Statistical data analysis competency
HT HT HT




Answer: c HT




7. (LO 1-5) In which areas were skills not emphasized for analytic-minded accountants?
HT HT HT HT HT HT HT HT HT HT HT




a. Data quality HT



b. Descriptive data analysis HT HT



c. Data visualization and data reporting
HT HT HT HT



d. Data and systems analysis and design
HT HT HT HT HT




Answer: d HT




8. (LO 1-4) The IMPACT cycle includes all except the following steps:
HT HT HT HT HT HT HT HT HT HT




a. perform test plan. HT HT



b. visualize the data. HT HT



c. master the data. HT HT



d. track outcomes. HT




Answer: b HT




9. (LO 1-4) The IMPACT cycle specifically includes all except the following steps:
HT HT HT HT HT HT HT HT HT HT HT




a. data preparation.
HT



b. communicate insights. HT



c. address and refine results.
HT HT HT



d. perform test plan. HT HT




4

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller GeniusSolutions. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $21.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

64222 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy revision notes and other study material for 15 years now

Start selling
$21.49
  • (0)
Add to cart
Added