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Solution Manual For Data analytics accounting 3rd edition by vernom richardson $19.99   Add to cart

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Solution Manual For Data analytics accounting 3rd edition by vernom richardson

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  • Course
  • Data analytic for accounting
  • Institution
  • Data Analytic For Accounting

Solution Manual For Data analytics accounting 3rd edition by vernom richardsonSolution Manual For Data analytics accounting 3rd edition by vernom richardson

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  • September 27, 2024
  • 35
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Data analytic for accounting
  • Data analytic for accounting
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AGRADEPROMASTER
SOLUTION MANUAL
Data Analytics for Accounting, 3rd Edition
by Vernon Richardson, Chapters 1 - 9




1

,Chapter61:6Data6Analytics6for6Accounting6and6Identifying6the6Questions6 Chapter62:6Mastering6the6Data
Chapter63:6Performing6the6Test6Plan6and6Analyzing6the6Results6 Chapter64:6Communicating6Results6and6Visualiz
ations
Chapter65:6The6Modern6Accounting6Environment6 Chapter66:6Audit6Data6Anal
ytics

Chapter67:6Managerial6Analytics

Chapter68:6Financial6Statement6Analytics6 Chapter69:6Tax6Analytics




2

,Solutions6Manual6–6Chapter61
Solutions6to6Multiple6Choice6Questions

1. (LO61-1)6Big6Data6is6often6described6by6the6four6Vs,6or

a. volume,6velocity,6veracity,6and6variability.
b. volume,6velocity,6veracity,6and6variety.
c. volume,6volatility,6veracity,6and6variability.
d. variability,6velocity,6veracity,6and6variety.

Answer:6b

2. LO61-
4)6Which6data6approach6attempts6to6assign6each6unit6in6a6population6into6a6small6set6 ofclasse
s6(or6groups)6where6the6unit6best6fits?

a. Regression
b. Similarity6matching
c. Co-occurrence6grouping
d. Classification

Answer:6d

3. (LO61-
4)6Which6data6approach6attempts6to6identify6similar6individuals6based6on6data6 knowna
bout6them?

a. Classification
b. Regression
c. Similarity6matching
d. Data6reduction

Answer:6c

4. (LO61-4)6Which6data6approach6attempts6to6predict6connections6between6two6data6items?

a. Profiling
b. Classification
c. Link6prediction
d. Regression




3

, Answer:6c


5. (LO61-
6)6Which6of6these6terms6is6defined6as6being6a6central6repository6of6descriptions6for6all6of6 the6data6
attributes6of6the6dataset?

a. Big6Data
b. Data6warehouse
c. Data6dictionary
d. Data6Analytics

Answer:6c

6. (LO61-5)6Which6skills6were6not6emphasized6that6analytic-minded6accountants6should6have?

a. Developed6an6analytics6mindset
b. Data6scrubbing6and6data6preparation
c. Classification6of6test6approaches
d. Statistical6data6analysis6competency

Answer:6c

7. (LO61-5)6In6which6areas6were6skills6not6emphasized6for6analytic-minded6accountants?

a. Data6quality
b. Descriptive6data6analysis
c. Data6visualization6and6data6reporting
d. Data6and6systems6analysis6and6design

Answer:6d

8. (LO61-4)6The6IMPACT6cycle6includes6all6except6the6following6steps:

a. perform6test6plan.
b. visualize6the6data.
c. master6the6data.
d. track6outcomes.

Answer:6b

9. (LO61-4)6The6IMPACT6cycle6specifically6includes6all6except6the6following6steps:

a. data6preparation.
b. communicate6insights.
c. address6and6refine6results.
d. perform6test6plan.


4

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