DATA AND ANALYTICS IN ACCOUNTING FINAL PAPER EXAM QUESTIONS ACCURATE ANSWERS

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DATA AND ANALYTICS IN ACCOUNTING FINAL PAPER EXAM QUESTIONS ACCURATE ANSWERS

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2026/2027

Institution Data Analysis

Course Data Analysis

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DATA AND ANALYTICS IN ACCOUNTING FINAL PAPER EXAM QUESTIONS ACCURATE ANSWERS

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DATA AND ANALYTICS IN ACCOUNTING FINAL PAPER EXAM QUESTIONS ACCURATE
ANSWERS FULL SOLUTION

Question:
What are the 4 V's of big data?

Answer:
Volume, Variety, Veracity, and Velocity.

Question:
What does the 'analytics mindset' refer to?

Answer:
A mental attitude focused on navigating big data to be a successful accountant.

Question:
What does SMART stand for in the context of asking questions?

Answer:
Specific, Measurable, Achievable, Relevant, Timely.

Question:
What does ETL stand for?

Answer:
Extract, Transform, Load.

Question:
What is the first step in the ETL process?

, Answer:
Extracting data.

Question:
What are the three types of data?

Answer:
Structured data, semi-structured data, and unstructured data.

Question:
What is structured data?

Answer:
Data that is highly organized and fits into fixed fields.

Question:
What is semi-structured data?

Answer:
Data that has some organization but is not fully organized for relational databases.

Question:
What is unstructured data?

Answer:
Data that has no uniform structure.

Question:
What are the four steps to transforming data?

Answer:

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Uploaded on: August 13, 2026
Number of pages: 6
Written in: 2026/2027
Type: Exam (elaborations)
Contains: Questions & answers

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