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Accounting Data Analytics | | COMPLETE QUESTIONS AND ANSWERS | 100% RATED CORRECT | LATEST UPDATED

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Accounting Data Analytics | | COMPLETE QUESTIONS AND ANSWERS | 100% RATED CORRECT | LATEST UPDATED

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Accounting Data Analytics
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Accounting Data Analytics
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Accounting Data Analytics | | COMPLETE QUESTIONS AND ANSWERS |

100% RATED CORRECT | 2024-2025 LATEST UPDATED

Big Data is often described by the three V's, or - (answers)Volume, velocity, and variety



Which of the following best describes the data analytics skill of developing an analytics mindset?
- (answers)Recognize when and how data analytics can address business questions



Which approach to Data Analytics attempts to assign each unit in a population into a small set of
classes where the unit belongs? - (answers)Classification



Which approach to Data Analytics attempts to identify similar individuals based on data known
about them? - (answers)Similarity Matching



Which of these terms is defined as being a central repository of descriptions for all of the data
你是想要一篇“眼睛容易阅读
attributes of the dataset? - (answers)Data Dictionary
的”中文文章

Which skills were not emphasized that analytic-minded accountants should have?

A) Defining and addressing problems through statistical data analysis.
B) Data scrubbing and data preparation.
C) Classification of test approaches.

D) Developing an analytics mindset. - (answers)C



Which skills were not emphasized that analytic-minded accountants should have?

A) Data quality.

B) Data and systems analysis and design.
C) Descriptive data analysis.

D) Data visualization. - (answers)B

, List the steps of the IMPACT cycle: - (answers)1) Identify questions

2) Master the Data

3) Perform test plan
4) Address and refine results

5) Communicate insights

6) Track outcomes



By the year 2020, about 1.7 megabytes of new information be created every: - (answers)Second



Mastering the data can also be described via the ETL process. The ETL process stands for: -
(answers)Extract

Transform

Load data
你是想要一篇“眼睛容易阅读
的”中文文章
When using [EmployeeID] as the unique identifier of the Employee table, [EmployeeID] is an
example of which of the following: - (answers)Primary Key



The purpose of extracting data is: - (answers)To identify and obtain the data from the appropriate
source



The purpose of transforming the data is: - (answers)To validate the data for completness and
integrity



The purpose of loading data is: - (answers)To load data into the appropriate tool for analysis
(Tableau, Power BI, Excel)



Which of the following best exemplifies a way that data will need to be cleaned after extraction
and validation? - (answers)Removing headings and subtotals

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