1|Page
WGU D552 OBJECTIVE ASSESSMENT NEWEST 2026 TEST BANK|
D552 DATA ANALYTICS FOR ACCOUNTANTS OA EXAM WITH
COMPLETE 200 REAL EXAM QUESTIONS AND CORRECT
VERIFIED ANSWERS/ ALREADY GRADED A+ (MOST RECENT!!)
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.
Which scenario describes the volume aspect of big data?
A freight company deals with over one million domestic and
international orders daily.
How has data analytics affected how accountants approach their work?
By improving the quality of estimates and valuations in financial
accounting
,2|Page
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
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
,3|Page
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
A company hired a forensic accountant to investigate fraudulent data
reported in employees' travel and entertainment expenses. In the
Perform step of the IMPACT model, the accountant filters through a
spreadsheet of such expenses and condenses the data to a smaller set
that focuses on the most abnormal items, such as the highest cost.
Which data analytics technique is the forensic accountant using for this
investigation?
Data reduction
, 4|Page
An e-commerce platform attempts to find the relationship between
customers based on transactions involving them. A customer who
bought an item would be sold another item either based on items
frequently bought together or based on similar items bought by other
customers. Which analytics technique should be employed for this task?
Co-occurrence grouping
Suspecting that some employees could be siphoning funds to
themselves, a manufacturing company uses an analytics approach to
identify similar addresses in two database tables: one containing names
of employees and their addresses and the other containing names of
the company's vendors and their addresses. Which analytics technique
is the company using in this case?
Fuzzy matching
A large pharmaceutical company based in New Jersey convened a
meeting of senior management with the managers in the tax planning
group. The management asked, "How can we take maximum advantage
of R&D tax credits over the next three years?" Which analytics type
should the tax planning group employ to answer this question?
Prescriptive analytics
WGU D552 OBJECTIVE ASSESSMENT NEWEST 2026 TEST BANK|
D552 DATA ANALYTICS FOR ACCOUNTANTS OA EXAM WITH
COMPLETE 200 REAL EXAM QUESTIONS AND CORRECT
VERIFIED ANSWERS/ ALREADY GRADED A+ (MOST RECENT!!)
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.
Which scenario describes the volume aspect of big data?
A freight company deals with over one million domestic and
international orders daily.
How has data analytics affected how accountants approach their work?
By improving the quality of estimates and valuations in financial
accounting
,2|Page
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
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
,3|Page
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
A company hired a forensic accountant to investigate fraudulent data
reported in employees' travel and entertainment expenses. In the
Perform step of the IMPACT model, the accountant filters through a
spreadsheet of such expenses and condenses the data to a smaller set
that focuses on the most abnormal items, such as the highest cost.
Which data analytics technique is the forensic accountant using for this
investigation?
Data reduction
, 4|Page
An e-commerce platform attempts to find the relationship between
customers based on transactions involving them. A customer who
bought an item would be sold another item either based on items
frequently bought together or based on similar items bought by other
customers. Which analytics technique should be employed for this task?
Co-occurrence grouping
Suspecting that some employees could be siphoning funds to
themselves, a manufacturing company uses an analytics approach to
identify similar addresses in two database tables: one containing names
of employees and their addresses and the other containing names of
the company's vendors and their addresses. Which analytics technique
is the company using in this case?
Fuzzy matching
A large pharmaceutical company based in New Jersey convened a
meeting of senior management with the managers in the tax planning
group. The management asked, "How can we take maximum advantage
of R&D tax credits over the next three years?" Which analytics type
should the tax planning group employ to answer this question?
Prescriptive analytics
