QUESTIONS AND ANSWERS
What type of data analytics would you use for management accounting question: "How much
did Job #318 cost per unit?" - ANS Descriptive Analytics
What type of data analytics would you use for management accounting question: "What is the
driving rate variance on manufacturing?" - ANS Diagnostic Analytics
What type of data analytics would you use for management accounting question: "How can
revenues be maximized (or costs be minimized) if there is an increase in VAT tax in Ireland?" -
ANS Prescriptive Analytics
What type of data analytics would you use for management accounting question: "What is the
appropriate cost driver?" - ANS Predictive Analytics
What type of data analytics would you use for management accounting question: "What is the
forecasted cash balance at the end of September?" - ANS Predictive Analytics
What type of data analytics would you use for management accounting question: "What is the
level of fixed and variable costs for the manufacture of Product 317?" - ANS Diagnostic
Analytics
What type of data analytics would you use for this management accounting technique:
conditional formatting - ANS Diagnostic Analytics
What type of data analytics would you use for this management accounting technique: time
series analysis - ANS Predictive Analytics
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, What type of data analytics would you use for this management accounting technique: what-if
analysis - ANS Prescriptive Analytics
What type of data analytics would you use for this management accounting technique:
sensitivity analysis - ANS Prescriptive Analytics
What type of data analytics would you use for this management accounting technique:
summary statistics - ANS Descriptive Analytics
What type of data analytics would you use for this management accounting technique: capital
budgeting - ANS Prescriptive Analytics
What type of data analytics would you use for this management accounting technique:
computation of job order costing - ANS Descriptive Analytics
What type of data analytics would you use for financial statement analysis question: "What is
the firm's debt relative to its assets in the past year?" - ANS Descriptive Analytics
What type of data analytics would you use for financial statement analysis question: "What is
the intrinsic value of the stock?" - ANS Prescriptive Analytics
What type of data analytics would you use for financial statement analysis question: "How
much would the company have earned if there had not been a business interruption (due to
fire or natural disaster)? - ANS Predictive Analytics
What type of data analytics would you use for financial statement analysis question: "What is
the company's cash flows from operating activities over the past three years?" -
ANS Descriptive Analytics
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