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SOLUTIONMANUAL v g
Data Analytics for Accounting, 3rd Edition
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by Vernon Richardson, Chapters 1 - 9
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Material
Chapter 1: Data Analytics for Accounting and Identifying the Questions Chapter 2: Mastering the Data
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vg Chapter 3: Performing the Test Plan and Analyzing the Results
vg vg vg vg vg vg vg vg vg v g Chapter 4: Communicating Results and
vg vg vg vg
vg Visualizations
Chapter 5: The Modern Accounting Environment
vg vg vg vg vg v g Chapter 6: Audit Data vg vg vg
vg Analytics
Chapter 7: Managerial Analytics
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Chapter 8: Financial Statement Analytics
vg vg vg vg v g Chapter 9: Tax Analytics vg vg vg
2
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Material
Solutions Manual – Chapter 1 v g v g v g v g
vg Solutions to Multiple Choice v g v g v g
v g Questions
1. (LO 1-1) Big Data is often described by the four Vs, or
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a. volume, velocity, veracity, and variability.
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b. volume, velocity, veracity, and variety.
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c. volume, volatility, veracity, and variability.
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d. variability, velocity, veracity, and variety.
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Answer: b v g
2. LO 1-4) Which data approach attempts to assign each unit in a population into a
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small set
vg ofclasses (or groups) where the unit best fits?
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a. Regression
b. Similarity matching vg
c. Co-occurrence grouping vg
d. Classification
Answer: d v g
3. (LO 1-4) Which data approach attempts to identify similar individuals based on
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data knownabout them?
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a. Classification
b. Regression
c. Similarity matching vg
d. Data reduction vg
Answer: c v g
4. (LO 1-4) Which data approach attempts to predict connections between two data
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items? vg
a. Profiling
b. Classification
c. Link prediction vg
d. Regression
3
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vg vg vg vg vg vg vg vg vg
Material
SOLUTIONMANUAL v g
Data Analytics for Accounting, 3rd Edition
v g v g v g v g v g v g
by Vernon Richardson, Chapters 1 - 9
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,Stuvia.com - The Marketplace to Buy and Sell your Study
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Material
1
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, Stuvia.com - The Marketplace to Buy and Sell your Study
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Material
Chapter 1: Data Analytics for Accounting and Identifying the Questions Chapter 2: Mastering the Data
vg vg vg vg vg vg vg vg vg vg vg vg vg
vg Chapter 3: Performing the Test Plan and Analyzing the Results
vg vg vg vg vg vg vg vg vg v g Chapter 4: Communicating Results and
vg vg vg vg
vg Visualizations
Chapter 5: The Modern Accounting Environment
vg vg vg vg vg v g Chapter 6: Audit Data vg vg vg
vg Analytics
Chapter 7: Managerial Analytics
vg vg vg
Chapter 8: Financial Statement Analytics
vg vg vg vg v g Chapter 9: Tax Analytics vg vg vg
2
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, Stuvia.com - The Marketplace to Buy and Sell your Study
vg vg vg vg vg vg vg vg vg
Material
Solutions Manual – Chapter 1 v g v g v g v g
vg Solutions to Multiple Choice v g v g v g
v g Questions
1. (LO 1-1) Big Data is often described by the four Vs, or
vg vg vg vg vg vg vg vg vg vg vg
a. volume, velocity, veracity, and variability.
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b. volume, velocity, veracity, and variety.
vg vg vg vg
c. volume, volatility, veracity, and variability.
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d. variability, velocity, veracity, and variety.
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Answer: b v g
2. LO 1-4) Which data approach attempts to assign each unit in a population into a
vg vg vg vg vg vg vg vg vg vg vg vg vg vg
small set
vg ofclasses (or groups) where the unit best fits?
v g vg vg vg vg vg vg vg
a. Regression
b. Similarity matching vg
c. Co-occurrence grouping vg
d. Classification
Answer: d v g
3. (LO 1-4) Which data approach attempts to identify similar individuals based on
vg vg vg vg vg vg vg vg vg vg vg
data knownabout them?
vg v g vg
a. Classification
b. Regression
c. Similarity matching vg
d. Data reduction vg
Answer: c v g
4. (LO 1-4) Which data approach attempts to predict connections between two data
vg vg vg vg vg vg vg vg vg vg vg
items? vg
a. Profiling
b. Classification
c. Link prediction vg
d. Regression
3
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