ST Introduction to Data Analytics for
UV Accounting – 2nd Edition
IA_
TEST BANK AP
PR
O
Vernon J. Richardson
VE
Katie L. Terrell
D?
Ryan A. Teeter
Comprehensive Test Bank for Instructors
and Students
© Vernon J. Richardson, Katie L. Terrell & Ryan A. Teeter
All rights reserved. Reproduction or distribution without permission is prohibited.
Created by MedConnoisseur ©2025/2026
,ST
TABLE OF CONTENTS
Introduction to Data Analytics for
UV
Accounting – 2nd Edition
IA_
Vernon J. Richardson, Katie L. Terrell & Ryan A. Teeter
AP
1. Ask the Question: Using Data Analytics to Address Accounting
Questions
2. Master the Data: An Introduction to Accounting Data
PR
3. Master the Data: Data Types Used in Accounting
4. Master the Data: Preparing Data for Analysis
O
5. Perform the Analysis: Types of Data Analytics
6. Perform the Analysis: Descriptive Analytics
VE
7. Perform the Analysis: Diagnostic Analytics
8. Perform the Analysis: Predictive Analytics
9. Perform the Analysis: Prescriptive Analytics D?
10.Share the Story
11.Capstone Projects Using the AMPS Model
12.Financial Statement Analysis
13.Managerial Accounting Analytics
Created by MedConnoisseur ©2025/2026
,Test Bank Introduction to Data Analytics for Accounting, 2nd Edition Richardson
ST Chap 01 2e
1) "Create" is the highest skill in Bloom's Taxonomy.
⊚ true
Answers Included ✅
UV
⊚ false
2) "Understand" is the lowest skill in Bloom's Taxonomy.
IA_
⊚ true
⊚ false
AP
3) "Remember" is a higher skill than "Understand" in Bloom's Taxonomy.
⊚ true
⊚ false PR
4) "Ask the Right Question" is one of the desired skills for accounting professionals, consistent
with EY's "The Analytics Mindset".
⊚ true
⊚ false
OV
ED
5) "Communicate results with management" is one of the desired skills for accounting
professionals, consistent with EY's "The Analytics Mindset".
⊚ true ?
⊚ false
6) "Extract, Transform and Load Relevant Data" is one of the desired skills for accounting
professionals, consistent with EY's "The Analytics Mindset".
⊚ true
⊚ false
1
, ST
7) Of the options listed below, which is the lowest level of thinking skills in Bloom's
Taxonomy?
A) Create
UV
B) Understand
C) Apply
D) Analyze
IA_
8) Of the options listed below, which is the highest level of thinking skills in Bloom's
Taxonomy?
A) Evaluate
B) Apply
C) Analyze
AP
D) Understand
PR
9) Which is the appropriate ordering of thinking skills in Bloom's Taxonomy, where the ">"
symbol means higher order skills? OV
A) Evaluate > Apply
B) Remember > Understand
C) Apply > Analyze
D) Analyze > Evaluate
ED
10) Which component of the AMPS model would usually involve creating a pivottable?
?
A) Ask the Question
B) Master the Data
C) Perform the Analysis
D) Share the Story
11) Which component of the AMPS model most appropriately addresses the skill mentioned by
EY's analytics mindset of "extract, transform and load relevant data"?
A) Ask the Question
B) Master the Data
C) Perform the Analysis
D) Share the Story
2
UV Accounting – 2nd Edition
IA_
TEST BANK AP
PR
O
Vernon J. Richardson
VE
Katie L. Terrell
D?
Ryan A. Teeter
Comprehensive Test Bank for Instructors
and Students
© Vernon J. Richardson, Katie L. Terrell & Ryan A. Teeter
All rights reserved. Reproduction or distribution without permission is prohibited.
Created by MedConnoisseur ©2025/2026
,ST
TABLE OF CONTENTS
Introduction to Data Analytics for
UV
Accounting – 2nd Edition
IA_
Vernon J. Richardson, Katie L. Terrell & Ryan A. Teeter
AP
1. Ask the Question: Using Data Analytics to Address Accounting
Questions
2. Master the Data: An Introduction to Accounting Data
PR
3. Master the Data: Data Types Used in Accounting
4. Master the Data: Preparing Data for Analysis
O
5. Perform the Analysis: Types of Data Analytics
6. Perform the Analysis: Descriptive Analytics
VE
7. Perform the Analysis: Diagnostic Analytics
8. Perform the Analysis: Predictive Analytics
9. Perform the Analysis: Prescriptive Analytics D?
10.Share the Story
11.Capstone Projects Using the AMPS Model
12.Financial Statement Analysis
13.Managerial Accounting Analytics
Created by MedConnoisseur ©2025/2026
,Test Bank Introduction to Data Analytics for Accounting, 2nd Edition Richardson
ST Chap 01 2e
1) "Create" is the highest skill in Bloom's Taxonomy.
⊚ true
Answers Included ✅
UV
⊚ false
2) "Understand" is the lowest skill in Bloom's Taxonomy.
IA_
⊚ true
⊚ false
AP
3) "Remember" is a higher skill than "Understand" in Bloom's Taxonomy.
⊚ true
⊚ false PR
4) "Ask the Right Question" is one of the desired skills for accounting professionals, consistent
with EY's "The Analytics Mindset".
⊚ true
⊚ false
OV
ED
5) "Communicate results with management" is one of the desired skills for accounting
professionals, consistent with EY's "The Analytics Mindset".
⊚ true ?
⊚ false
6) "Extract, Transform and Load Relevant Data" is one of the desired skills for accounting
professionals, consistent with EY's "The Analytics Mindset".
⊚ true
⊚ false
1
, ST
7) Of the options listed below, which is the lowest level of thinking skills in Bloom's
Taxonomy?
A) Create
UV
B) Understand
C) Apply
D) Analyze
IA_
8) Of the options listed below, which is the highest level of thinking skills in Bloom's
Taxonomy?
A) Evaluate
B) Apply
C) Analyze
AP
D) Understand
PR
9) Which is the appropriate ordering of thinking skills in Bloom's Taxonomy, where the ">"
symbol means higher order skills? OV
A) Evaluate > Apply
B) Remember > Understand
C) Apply > Analyze
D) Analyze > Evaluate
ED
10) Which component of the AMPS model would usually involve creating a pivottable?
?
A) Ask the Question
B) Master the Data
C) Perform the Analysis
D) Share the Story
11) Which component of the AMPS model most appropriately addresses the skill mentioned by
EY's analytics mindset of "extract, transform and load relevant data"?
A) Ask the Question
B) Master the Data
C) Perform the Analysis
D) Share the Story
2
