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Data Analytics for Accounting Exam 1 questions and 100% correct answers

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What two things make for good data? - correct answer 1. Accuracy/Correctness (free from error) 2. Completeness (no missing records) Good accounting information is...? - correct answer 1. Relevant 2. Faithfully Represented What three things make up Faithful Representation? - correct answer 1. Neutrality (unbiased) 2. Completeness (no information missing) 3. Accuracy (free from error) Why is it a good idea to create data entry forms? - correct answer Data entry forms serve to make data entry simpler, reducing errors and ensuring data entered is complete. Tables ____ data, and Queries _______ data. - correct answer Tables hold data, and Queries display data. What are some features that can be included in a data entry form? - correct answer drop-down lists, radio/option buttons, and check boxes Field Check - correct answer Characters in field are proper type Sign Check - correct answer Data in field is appropriately positive (+) or negative (-) Limit Check - correct answer Tests numerical amount against a fixed value Range Check - correct answer Tests numerical amount against lower and upper limits Size Check - correct answer Input data fits into the field Completeness Check - correct answer Verifies that all required data is entered

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Data Analytics for Accounting Exam
1
What two things make for good data? - ✔✔ correct answer 1. Accuracy/Correctness (free from error)

2. Completeness (no missing records)



Good accounting information is...? - ✔✔ correct answer 1. Relevant

2. Faithfully Represented



What three things make up Faithful Representation? - ✔✔ correct answer 1. Neutrality (unbiased)

2. Completeness (no information missing)

3. Accuracy (free from error)



Why is it a good idea to create data entry forms? - ✔✔ correct answer Data entry forms serve to
make data entry simpler, reducing errors and ensuring data entered is complete.



Tables ____ data, and Queries _______ data. - ✔✔ correct answer Tables hold data, and Queries
display data.



What are some features that can be included in a data entry form? - ✔✔ correct answer drop-down
lists, radio/option buttons, and check boxes



Field Check - ✔✔ correct answer Characters in field are proper type



Sign Check - ✔✔ correct answer Data in field is appropriately positive (+) or negative (-)



Limit Check - ✔✔ correct answer Tests numerical amount against a fixed value



Range Check - ✔✔ correct answer Tests numerical amount against lower and upper limits



Size Check - ✔✔ correct answer Input data fits into the field



Completeness Check - ✔✔ correct answer Verifies that all required data is entered

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