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solutions manual for introduction to data analytics for accounting 2nd edition richardson full chapter

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solutions manual for introduction to data analytics for accounting 2nd edition richardson full chapter

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329 pages

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Institution Introduction To Data Analytics For Accounting

Course Introduction to Data Analytics for Accounting

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solutions manual for introduction to data analytics for accounting 2nd edition richardson full chaptersolutions manual for introduction to data analytics for accounting 2nd edition richardson full chaptersolutions manual for introduction to data analytics for accounting 2nd edition richardson full chaptersolutions manual for introduction to data analytics for accounting 2nd edition richardson full chaptersolutions manual for introduction to data analytics for accounting 2nd edition richardson full chaptersolutions manual for introduction to data analytics for accounting 2nd edition richardson full chaptersolutions manual for introduction to data analytics for accounting 2nd edition richardson full chaptersolutions manual for introduction to data analytics for accounting 2nd edition richardson full chaptersolutions manual for introduction to data analytics for accounting 2nd edition richardson full chaptersolutions manual for introduction to data analytics for accounting 2nd edition richardson full chaptersolutions manual for introduction to data analytics for accounting 2nd edition richardson full chapter

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,
, ACCESS6Test6Bank6for6Introduction6to6Data6Analytics6for6Accounting62ndEdit6
i on6Richardson
Richardson,6Terrell,6Teeter6–6Introduction6to6Data6Analytics6for6Accounting,62nd6 Edition6–6Chapter61

I!l
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Chapter 1 End-of-Chapter Assignment Solutions
6 6 6 6 I!l

Multiple6Choice6Questions I!l

1. (LO61-2)6Which6is6the6lowest6level6of6critical6thinking6skills6in6Bloom’s6Taxonomy? a. I!l

I!l Create I!l

b. Remember I!l

c. Apply I!l

d. Analyze I!l

2. (LO61-2)6Which6is6the6highest6level6of6critical6thinking6skills6in6Bloom’s6Taxonomy? a. I!l

I!l Create I!l

b. Apply I!l

c. Analyze I!l

d. Understand I!l

3. (LO61-
2)6Which6is6the6appropriate6ordering6of6critical6thinking6skills6in6Bloom’s6Taxo
nomy,6where6the6“>”6symbol6means6higher6order6skills?
I!l I!l

a. Remember6>6Apply I!l

b. Apply6>6Analyze I!l

c. Analyze6>6Evaluate I!l

d. Create6>6Analyze I!l

4. (LO61-3)6Which6step6of6the6AMPS6model6most6appropriately6addresses6the6axiom,
“Your6data6won’t6speak6unless6you6ask6it6the6right6data6analytics6questions”?
I!l I!l

a. Ask6the6Question I!l

b. Master6the6Data I!l

c. Perform6the6Analysis I!l

d. Share6the6Story I!l

5. (LO61-
3)6Which6step6of6the6AMPS6model6most6appropriately6addresses6the6question6of6th
e6best6way6to6communicate6data6analytics6findings6with6a6decision6maker?
I!l I!l

a. Ask6the6Question I!l

b. Master6the6Data I!l

c. Perform6the6Analysis I!l

d. Share6the6Story I!l

6. (LO61-
3)6What6type6of6question6is6predicting6whether6a6company6will6go6bankrupt6in6the6c
oming6two6years?
I!l I!l

a. What6happened?6What6is6happening? I!l

©6McGraw6Hill6LLC.6All6rights6reserved.6No6reproduction6or6distribution6without6the6prior6written6consent6of6McGraw6Hil
l6LLC.
1-1
mynursytest.store

, ACCESS6Test6Bank6for6Introduction6to6Data6Analytics6for6Accounting62ndEdit6
i on6Richardson
Richardson,6Terrell,6Teeter6–6Introduction6to6Data6Analytics6for6Accounting,62nd6 Edition6–6Chapter61

b. Why6did6it6happen?6What6are6the6root6causes6of6past6results? I!l

c. Will6it6happen6in6the6future?6What6is6the6probability6something6wi
ll6happen?6Is6it6forecastable?
I!l I!l

d. What6should6we6do6based6on6what6we6expect6will6happen?6How6do6we
optimize6our6performance6based6on6potential6constraints?”
I!l I!l

7. (LO61-
3)6What6type6of6question6is6choosing6to6take6certain6tax6deductions6based6on6the6
way6managers6believe6tax6legislation6will6change6in6the6near6future?
I!l I!l

a. What6happened?6What6is6happening? I!l

b. Why6did6it6happen?6What6are6the6root6causes6of6past6results? I!l

c. Will6it6happen6in6the6future?6What6is6the6probability6something6will6happen
?6Is6it6forecastable?
I!l I!l

d. What6should6we6do6based6on6what6we6expect6will6happen?6How6do6we
optimize6our6performance6based6on6potential6constraints?”
I!l I!l

8. (LO61-
3)6What6type6of6question6is6finding6the6detail6to6more6clearly6understand6why6net6i
ncome6is6decreasing6when6revenues6are6increasing?
I!l I!l

a. What6happened?6What6is6happening? I!l

b. Why6did6it6happen?6What6are6the6root6causes6of6past6results? I!l

c. Will6it6happen6in6the6future?6What6is6the6probability6something6will6happen
?6Is6it6forecastable?
I!l I!l

d. What6should6we6do6based6on6what6we6expect6will6happen?6How6do6we
optimize6our6performance6based6on6potential6constraints?”
I!l I!l

9. (LO61-
4)6What6visualization6type6is6most6appropriate6for6evaluating6the6relationships6bet
w een6values?
I!l I!l

a. Bar6chart I!l

b. Pie6chart I!l

c. Histogram I!l

d. Scatterplot I!l

10. (LO61-5)6Which6of6the6following6software6tools6specialize6in6data6visualizations? I!l

a. SPSS6and6Power6Query I!l

b. Alteryx6and6Tableau6Prep I!l

c. Power6BI6and6Tableau I!l

d. R6and6Python I!l

I!l
I!l

©6McGraw6Hill6LLC.6All6rights6reserved.6No6reproduction6or6distribution6without6the6prior6written6consent6of6McGraw6Hil
l6LLC.
1-2
mynursytest.store

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