2025 QUESTIONS AND ANSWERS
Big Data is often described by the three V's, or - ANS Volume, velocity, and variety
Which of the following best describes the data analytics skill of developing an analytics
mindset? - ANS Recognize when and how data analytics can address business questions
Which approach to Data Analytics attempts to assign each unit in a population into a small set
of classes where the unit belongs? - ANS Classification
Which approach to Data Analytics attempts to identify similar individuals based on data known
about them? - ANS Similarity Matching
Which of these terms is defined as being a central repository of descriptions for all of the data
attributes of the dataset? - ANS Data Dictionary
Which skills were not emphasized that analytic-minded accountants should have?
A) Defining and addressing problems through statistical data analysis.
B) Data scrubbing and data preparation.
C) Classification of test approaches.
D) Developing an analytics mindset. - ANS C
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, Which skills were not emphasized that analytic-minded accountants should have?
A) Data quality.
B) Data and systems analysis and design.
C) Descriptive data analysis.
D) Data visualization. - ANS B
List the steps of the IMPACT cycle: - ANS 1) Identify questions
2) Master the Data
3) Perform test plan
4) Address and refine results
5) Communicate insights
6) Track outcomes
By the year 2020, about 1.7 megabytes of new information be created every: - ANS Second
Mastering the data can also be described via the ETL process. The ETL process stands for: -
ANS Extract
Transform
Load data
When using [EmployeeID] as the unique identifier of the Employee table, [EmployeeID] is an
example of which of the following: - ANS Primary Key
The purpose of extracting data is: - ANS To identify and obtain the data from the appropriate
source
The purpose of transforming the data is: - ANS To validate the data for completness and
integrity
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