too much information to effectively synthesize or interpret correct answers information overload
The job of the accountant is changing from that of data collection and summarization to correct
answers data analytics
combining parts to make a new whole correct answers create
judging the value of information or ideas correct answers evaluate
breaking down information into component parts correct answers analyze
applying the facts, rules, concepts, and ideas correct answers apply
understanding what the facts mean correct answers understand
recognizing and recalling facts correct answers remember
A hierarchical view of critical thinking skills correct answers Bloom's Taxonomy
*The accounting profession is moving to a model in which accountants require a higher level of
critical thinking and reasoning than was previously required.
hierarchy of Bloom's Taxonomy (bottom to top) correct answers 1. Create
2. Evaluate
3. Analyze
4. Apply
, 5. Understand
6. Remember
where machines excel: correct answers 1. remember
2. understand
3. apply
where humans excel: correct answers 1. analyze
2. evaluate
3. create
As _________________________________, we should play in the
_____________________________of Bloom's Taxonomy (analyze, evaluate, create) correct
answers accountants, higher levels
*◦ To do that, we must master the basic accounting knowledge and play in the lower levels of
Bloom's Taxonomy (remember, understand, apply)
Data Analytics allows students to: correct answers ◦ Have experiential learning
◦ Ask questions
◦ Access applicable data
◦ Run appropriate analytics
◦ Communicate the results to the decision makers
The process of evaluating data with the purpose of drawing conclusions to address all types of
questions, including accounting questions correct answers data analytics
the data analytics process follows the ________________________________ correct answers
AMPS model