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Cost Accounting With Integrated Data Analytics Comprehensive Test Paper Questions And Solutions Graded Aplus

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COST ACCOUNTING WITH INTEGRATED DATA ANALYTICS COMPREHENSIVE TEST PAPER QUESTIONS AND SOLUTIONS GRADED APLUS

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COST ACCOUNTING WITH INTEGRATED
DATA ANALYTICS COMPREHENSIVE TEST
PAPER QUESTIONS AND SOLUTIONS
GRADED APLUS

●● Computerization
Answer: Use of computers to automate data collection.


●● Data Analytics
Answer: Techniques to analyze data for decision-making.


●● Accounting Expertise
Answer: Knowledge needed to interpret and analyze data.


●● Bloom's Taxonomy
Answer: Hierarchical model of critical thinking skills.


●● Higher Order Thinking
Answer: Skills like analyze, evaluate, and create.


●● A M P S Model

, Answer: Framework for evaluating data analytics process.


●● Descriptive Analytics
Answer: Analyzes what happened in the past.


●● Diagnostic Analytics
Answer: Explores reasons behind past results.


●● Predictive Analytics
Answer: Forecasts future events based on data.


●● Prescriptive Analytics
Answer: Suggests actions based on predictions.


●● Data Integrity
Answer: Ensures data is accurate, valid, and consistent.


●● Categorical Data
Answer: Data that can be divided into groups.


●● Numerical Data
Answer: Data represented by numbers for analysis.

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