Test Bank for Data and Analytics in Accounting: An Integrated Approach 1st Edition by Ann C. Dzuranin, Guido Geerts & Margarita Lenk | Chapters 1–10 Complete | Latest Updated 2025–2026

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Solution Manual for
Data and Analytics in Accounting An Integrated Approach 1e
Ann C. Dzuranin, Guido Geerts, Margarita Lenk




CHAPTER 1

DATA AND ANALYTICS IN THE ACCOUNTING
PROFESSION

Learning Objectives:
LO 1.1: Summarize how advances in data and technology are
impacting accounting professionals.
LO 1.2: Describe the stages of the data analysis process.
LO 1.3: Identify the skills necessary to perform data analysis.
LO 1.4: Explain how to apply a data analytics mindset during
the data analysis process.


ANSWERS TO MULTIPLE CHOICE QUESTIONS
1. A LO 1.2, BT: K, Difficulty: Easy, TOT: 2 min, AACSB:
Knowledge, AICPA FC:
Leverage Technology to
Develop and Enhance Functional Competencies LO 1.1, BT:
1-1

, K, Difficulty: Easy, TOT: 2 min, AACSB: Knowledge, AICPA FC:
Leverage Technology to Develop and Enhance Functional
Competencies
7. D 2. C LO 1.2, BT: C,
Difficulty: Medium, TOT: 3 min, AACSB: Analytic, AICPA FC:
LO 1.1, BT: K, Difficulty: Easy, TOT: 2 min, AACSB:
Knowledge, AICPA FC: Leverage Technology to Develop and
Enhance Functional Competencies Leverage Technology to
Develop and Enhance Functional Competencies
8. C
3. C LO 1.2, BT: C, Difficulty: Medium, TOT: 3 min, AACSB:
Analytic, AICPA FC:
LO 1.2, BT: K, Difficulty: Easy, TOT: 2 min, AACSB:
Knowledge, AICPA FC: Leverage Technology to Develop and
Enhance Functional Competencies Leverage Technology to
Develop and Enhance Functional Competencies
9. A
4. B LO 1.3, BT: K, Difficulty: Easy, TOT: 2 min, AACSB:
Knowledge, AICPA FC:
LO 1 2, BT: K, Difficulty: Easy, TOT: 2 min, AACSB:
Knowledge, AICPA FC: Leverage Technology to Develop
and Enhance Functional Competencies Leverage
Technology to Develop and Enhance Functional
Competencies
10. D
1-2

,5. B LO 1.3, BT: K, Difficulty: Easy, TOT: 2 min, AACSB:
Knowledge, AICPA FC:
LO 1.2, BT: K, Difficulty: Easy, TOT: 2 min, AACSB:
Knowledge, AICPA FC: Leverage Technology to Develop and
Enhance Functional Competencies Leverage Technology to
Develop and Enhance Functional Competencies
B 6. C
11.

LO 1.3, BT: K, Difficulty: Develop and Enhance
Easy, TOT: 2 min, AACSB: Functional Competencies
Knowledge, AICPA FC:
Leverage Technology to
Develop and Enhance 14. A
Functional Competencies LO 1.4, BT: C, Difficulty:
Medium, TOT: 3 min, AACSB:
12. A
Analytic, AICPA FC:
LO 1.4, BT: K, Difficulty:
Leverage Technology to
Easy, TOT: 2 min, AACSB:
Develop and Enhance
Knowledge, AICPA FC:
Functional Competencies
Leverage Technology to
Develop and Enhance 15. B
Functional Competencies LO 1.4, BT: C, Difficulty:
Medium, TOT: 3 min,
13. D
AACSB: Analytic, AICPA FC:
LO 1.4, BT: K, Difficulty:
Leverage Technology to
Easy, TOT: 2 min, AACSB:
Develop and Enhance
Knowledge, AICPA FC:
Functional Competencies
Leverage Technology to
1-3

, ANSWERS TO REVIEW QUESTIONS


1. Both the CPA exam and the CMA exam have added data
analytic content to their exams. This is in response to what

new professionals need to know as they enter the accounting
profession. The CPA Exam Evolution is a strong indication of
how the accounting profession is changing. The new CPA exam
will have more technology and data analytics questions in the
Core exam, as well as the Discipline exams.
LO 1.1, BT: K, Difficulty: Easy, TOT: 6 min, AACSB: Knowledge,
AICPA FC: Leverage Technology to Develop and Enhance
Functional Competencies


2.
Changes Accounting Practice Area
1. Ability to use entire data ANS: a. Auditing, c.
sets to identify exceptions, Managerial accounting
anomalies, and outliers
2. Automation of manual ANS: a., b., c., d. (All
processes areas)
3. Automation of journal ANS: b. Financial
entries accounting
4. Risk identification ANS:. a. Auditing, c.
Managerial accounting


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