QUESTIONS AND SOLUTIONS
◉Data Analytics. Answer: The process of analyzing data to identify
meaningful relations and trends
◉Data visualization. Answer: A graphical presentation of data to
help people understand their significance and make informed
business decisions
◉Accounting process. Answer: Identifying, recording,
communicating
◉External users. Answer: Shareholders, lenders, external auditors,
non-managerial employees, regulators
◉Internal users. Answer: Purchasing managers, HR, production
managers, research and development managers, marketing
managers.
◉Businesses can be organized in different ways. Answer:
Corporations, partnerships, sole proprietorships