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SOLUTIONMANUAL fn f j
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1
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Chapter 1: Data Analytics for Accounting and Identifying the Questions
f f f f f f f f f Chapter 2: MasteringtheData
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f Chapter 3: Performing the Test Plan and Analyzing the Results
f f f f f f f f f Chapter 4: Communicating Results and
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f Visualizations
Chapter5:TheModernAccountingEnvironment
f f f f f Chapter6:AuditData f f f
f Analytics
Chapter 7: Managerial Analytics
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Chapter 8: Financial Statement Analytics
f f f f Chapter 9: Tax Analytics f f f
2
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Solutions Manual – Chapter 1 f f f f
Solutions to Multiple Choice Questions
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1. (LO1-1)BigData isoftendescribed bythefourVs, 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, andvariety. f f f f
Answer: b f
2. LO1-4)Whichdataapproachattemptstoassigneachunit ina populationintoa small
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setofclasses (orgroups)where theunitbestfits?
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a. Regression
b. Similaritymatching f
c. Co-occurrence grouping f
d. Classification
Answer: d f
3. (LO1-4)Whichdataapproachattemptstoidentifysimilarindividualsbasedon data
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knownaboutthem? f
a. Classification
b. Regression
c. Similaritymatching f
d. Datareduction
Answer: c f
4. (LO1-4)Whichdataapproachattemptstopredictconnectionsbetweentwodata
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items?
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a. Profiling
b. Classification
c. Link prediction f
d. Regression
3
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