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WGU D552 DATA ANALYTICS FOR ACCOUNTANTS EXAM
COMPLETE ACCURATE EXAM APPROVED QUESTIONS
AND CORRECT DETAILED ANSWERS WITH RATIONALES
(VERIFIED SOLUTIONS) LATEST UPDATED VERSION 2026
EDITION |GUARANTEED PASS A+
A pharmaceutical company is analyzing a large dataset to gain insights
into customer behavior. However, the dataset only contains information
on products ordered and total sales and not on the frequency of the
purchases. What is true about the dataset in this case?
It lacks velocity.
What is an example of unstructured data?
Video recordings.
Which scenario describes the volume aspect of big data?
A freight company deals with over one million domestic and
international orders daily.
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What is an example of structured data?
Product codes
How has data analytics affected how accountants approach their work?
By improving the quality of estimates and valuations in financial
accounting
How can auditors use data analytics to become more effective and
efficient?
By placing emphasis on the logic behind data and not on the gathering
of the actual data
What is a limitation associated with data analytics?
Data analytics cannot generate accurate conclusions if the underlying
data is of low quality.
How does data analytics help management accountants?
By helping them forecast future sales on which budgets can be based
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Which step involves measuring actions and results continuously during
the IMPACT cycle?
The Track outcomes step
Which approach to data analytics attempts to characterize the typical
behavior of a group to identify abnormal behavior when conducting
analysis during an IMPACT cycle?
Profiling
How can the results of an IMPACT analysis be communicated
effectively?
By determining whether the results are being reported for declarative
or exploratory purposes
How does link prediction help execute a test plan in the context of the
IMPACT cycle model?
By anticipating connections between two seemingly unrelated data
items
WGU D552 DATA ANALYTICS FOR ACCOUNTANTS EXAM
COMPLETE ACCURATE EXAM APPROVED QUESTIONS
AND CORRECT DETAILED ANSWERS WITH RATIONALES
(VERIFIED SOLUTIONS) LATEST UPDATED VERSION 2026
EDITION |GUARANTEED PASS A+
A pharmaceutical company is analyzing a large dataset to gain insights
into customer behavior. However, the dataset only contains information
on products ordered and total sales and not on the frequency of the
purchases. What is true about the dataset in this case?
It lacks velocity.
What is an example of unstructured data?
Video recordings.
Which scenario describes the volume aspect of big data?
A freight company deals with over one million domestic and
international orders daily.
,2|Page
What is an example of structured data?
Product codes
How has data analytics affected how accountants approach their work?
By improving the quality of estimates and valuations in financial
accounting
How can auditors use data analytics to become more effective and
efficient?
By placing emphasis on the logic behind data and not on the gathering
of the actual data
What is a limitation associated with data analytics?
Data analytics cannot generate accurate conclusions if the underlying
data is of low quality.
How does data analytics help management accountants?
By helping them forecast future sales on which budgets can be based
, 3|Page
Which step involves measuring actions and results continuously during
the IMPACT cycle?
The Track outcomes step
Which approach to data analytics attempts to characterize the typical
behavior of a group to identify abnormal behavior when conducting
analysis during an IMPACT cycle?
Profiling
How can the results of an IMPACT analysis be communicated
effectively?
By determining whether the results are being reported for declarative
or exploratory purposes
How does link prediction help execute a test plan in the context of the
IMPACT cycle model?
By anticipating connections between two seemingly unrelated data
items
