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Clemson Acct 3130 Final Exam Vocab Questions AND Correct Answers

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Clemson Acct 3130 Final Exam Vocab Questions AND Correct Answers

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Clemson Acct 3130 Final Exam Vocab Questions AND Correct
Answers
Balance Scorecard - ✔✔A particular type of digital dashboard
that is made up of strategic objectives, as well as KPIs, target
measures, and initiatives, to help the organization reach its
target measures in line with strategic goals.


Continuous data - ✔✔One way to categorize quantitative data
, as opposed to discrete data. [BLANK] can take on any value
within a range. An example is height


Declarative Visualizations - ✔✔Made when the aim of your
project is to "[Blank]" or present your findings to an audience.
Charts that are [BLANK] are typically made after the data
analysis has been complete and are meant to exhibit what
was found in the analysis steps.


Digital dashboard - ✔✔An interactive report showing the
most important metrics to help users understand how a
company or an organization is performing. Often created
using Excel or Tableau.

, Discrete Data - ✔✔One way to categorize quantitative data,
as opposed continuous data. Represented by whole numbers.
An example is points in a basketball game.


DuPont ratio analysis - ✔✔Developed to decompose
performance (particularly return on equity [REO]) into its
component parts


Exploratory Visualizations - ✔✔Made when the lines between
steps P (perform test plan), A (address and refine results), and
C (communicate results) are not as clearly divided as they are
in a declarative visualization project. Often when you are
exploring the data with visualizations, you are performing the
test plan directly in visualization software such as Tableau
instead of creating the chart after the analysis has been done.


Financial Statement Analysis - ✔✔Used by investors, analysts,
auditors, and other interested stakeholders to review and
evaluate a company's statements and financial performance


Interval data - ✔✔Third most sophiscticated tpe of data on
the scale of nominal, ordinal, [BLANK], and ratio; a type of
quantitative data. [BLANK] can be counted and grouped like
qualitative data, and the differences between each data point

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