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Solution manual for data analytics for accounting 3rd edition by Vernon Richardson.pdf

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Solution manual for data analytics for accounting 3rd edition by Vernon R

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SOLUTION MANUAL
Data Analytics for Accounting, 3rd Edition
by Vernon Richardson, Chapters 1 - 9




1

,2

,Chapter81:8Data8Analytics8for8Accounting8and8Identifying8the8Questions8 Chapter82:8Mastering8the8Data
Chapter83:8Performing8the8Test8Plan8and8Analyzing8the8Results8 Chapter84:8Communicating8Results8and8Visualiz
ations
Chapter85:8The8Modern8Accounting8Environment8 Chapter86:8Audit8Data8Anal
ytics

Chapter87:8Managerial8Analytics

Chapter88:8Financial8Statement8Analytics8 Chapter89:8Tax8Analytics




3

, Solutions8Manual8–8Chapter81
Solutions8to8Multiple8Choice8Questions

1. (LO81-1)8Big8Data8is8often8described8by8the8four8Vs,8or

a. volume,8velocity,8veracity,8and8variability.
b. volume,8velocity,8veracity,8and8variety.
c. volume,8volatility,8veracity,8and8variability.
d. variability,8velocity,8veracity,8and8variety.

Answer:8b

2. LO81-
4)8Which8data8approach8attempts8to8assign8each8unit8in8a8population8into8a8small8set8 ofclasse
s8(or8groups)8where8the8unit8best8fits?

a. Regression
b. Similarity8matching
c. Co-occurrence8grouping
d. Classification

Answer:8d

3. (LO81-
4)8Which8data8approach8attempts8to8identify8similar8individuals8based8on8data8 knowna
bout8them?

a. Classification
b. Regression
c. Similarity8matching
d. Data8reduction

Answer:8c

4. (LO81-4)8Which8data8approach8attempts8to8predict8connections8between8two8data8items?

a. Profiling
b. Classification
c. Link8prediction
d. Regression




4

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