Data Analytics for Accounting, 3rd Edition – Vernon Richardson, Ryan Teeter & Katie Terrell – Complete Test Bank with Answers (True/False, Multiple Choice, Essay – All Chapters)

SOLUTION MANUAL for Data Analytics for
n n n n n




n Accounting, 3rd Edition by Vernon Richardson,
n n n n n




n Chapters 1 - 9 n n n n




1

,TABLE OF CONTENTS
n n




Chapter 1: Data Analytics for Accounting and Identifying the Questions
n n n n n n n n n




Chapter 2: Mastering the Data
n n n n




Chapter 3: Performing the Test Plan and Analyzing the Results
n n n n n n n n n




Chapter 4: Communicating Results and Visualizations
n n n n n




Chapter 5: The Modern Accounting Environment
n n n n n




Chapter 6: Audit Data Analytics
n n n n




Chapter 7: Managerial Analytics
n n n




Chapter 8: Financial Statement Analytics
n n n n




Chapter 9: Tax Analytics
n n n




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,3

, Solutions Manual – Chapter 1
n n n n



Solutions nto nMultiple nChoice nQuestions

1. (LO n1-1) nBig nData nis noften ndescribed nby nthe nfour nVs, nor

a. volume, nvelocity, nveracity, nand nvariability.
b. volume, nvelocity, nveracity, nand nvariety.
c. volume, nvolatility, nveracity, nand nvariability.
d. variability, nvelocity, nveracity, nand nvariety.

Answer: nb

2. LO n1-4) nWhich ndata napproach nattempts nto nassign neach nunit nin na npopulation
ninto na nsmall nset nofn
classes n(or ngroups) nwhere nthe nunit nbest nfits?

a. Regression
b. Similarity nmatching
c. Co-occurrence ngrouping
d. Classification

Answer: nd

3. (LO n1-4) nWhich ndata napproach nattempts nto nidentify nsimilar nindividuals nbased
non ndata nknownnabout nthem?

a. Classification
b. Regression
c. Similarity nmatching
d. Data nreduction

Answer: nc

4. (LO n1-4) nWhich ndata napproach nattempts nto npredict nconnections nbetween ntwo ndata nitems?

a. Profiling
b. Classification
c. Link nprediction
d. Regression




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