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Accounting Data Analytics Exam Question & Answers 2025.docx

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Accounting Data Analytics Exam Question & Answers

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Accounting Data Analytics Exam
Question & Answers 2025
Big Data is often described by the three V's, or -
CORRECT ANSWERS ✔✔Volume, velocity, and variety


Which of the following best describes the data analytics
skill of developing an analytics mindset? - CORRECT
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? - CORRECT ANSWERS
✔✔Classification


Which approach to Data Analytics attempts to identify
similar individuals based on data known about them? -
CORRECT ANSWERS ✔✔Similarity Matching


Which of these terms is defined as being a central
repository of descriptions for all of the data attributes of
the dataset? - CORRECT ANSWERS ✔✔Data
Dictionary


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

,Accounting Data Analytics Exam
Question & Answers 2025
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. - CORRECT
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. - CORRECT ANSWERS ✔✔B


List the steps of the IMPACT cycle: - CORRECT
ANSWERS ✔✔1) Identify questions
2) Master the Data
3) Perform test plan
4) Address and refine results
5) Communicate insights
6) Track outcomes

, Accounting Data Analytics Exam
Question & Answers 2025
By the year 2020, about 1.7 megabytes of new
information be created every: - CORRECT ANSWERS
✔✔Second


Mastering the data can also be described via the ETL
process. The ETL process stands for: - CORRECT
ANSWERS ✔✔Extract
Transform
Load data


When using [EmployeeID] as the unique identifier of the
Employee table, [EmployeeID] is an example of which of
the following: - CORRECT ANSWERS ✔✔Primary Key


The purpose of extracting data is: - CORRECT ANSWERS
✔✔To identify and obtain the data from the appropriate
source


The purpose of transforming the data is: - CORRECT
ANSWERS ✔✔To validate the data for completness
and integrity

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