ISA 235 EXAM 2 FINAL PAPER 2026
QUESTIONS WITH FULL SOLUTION GRADED
A+
◉ Fact. Answer: The confirmation or validation of an event or object
◉ Internet of Things (IoT). Answer: A world where interconnected
internet-enabled devices have the ability to collect and share data
without human intervention
◉ Machine to machine. Answer: Devices that connect directly to
other devices
◉ Core drivers of the information age. Answer: Data
Information
Business intelligence
Knowledge
◉ Data. Answer: Raw facts that describe the characteristics of an
event or object
,◉ Structured data. Answer: Defined length, type, and format and
included numbers, dates, or strings
◉ Unstructured data. Answer: Not defined do not follow a specific
format
◉ Big data. Answer: A collection of large, complex data sets, which
cannot be analyzed using traditional database methods and tools
◉ Variety. Answer: Different forms of structured and unstructured
data
◉ Veracity. Answer: Uncertainty or untrustworthiness of data,
biases, noise, and abnormalities
◉ Volume. Answer: The scale of data
◉ Velocity. Answer: The analysis of streaming data
◉ Information. Answer: Data converted into a meaningful and useful
context
◉ Variable. Answer: A data characteristic that stands for a value that
changes or varies over time
, ◉ Report. Answer: Document or table containing data
◉ Dynamic report. Answer: Changes automatically
◉ Static report. Answer: Created once and does not change
◉ Business intelligence. Answer: Information collected from sources
that analyze patterns trends, and relationships for strategic
decision-making
◉ Three key skills for a data analyst. Answer: Understanding of
math and statistics
Coding skills to work with data
Business area expertise
◉ Four categories of analytics. Answer: Descriptive
Diagnostic
Predictive
Prescriptive
QUESTIONS WITH FULL SOLUTION GRADED
A+
◉ Fact. Answer: The confirmation or validation of an event or object
◉ Internet of Things (IoT). Answer: A world where interconnected
internet-enabled devices have the ability to collect and share data
without human intervention
◉ Machine to machine. Answer: Devices that connect directly to
other devices
◉ Core drivers of the information age. Answer: Data
Information
Business intelligence
Knowledge
◉ Data. Answer: Raw facts that describe the characteristics of an
event or object
,◉ Structured data. Answer: Defined length, type, and format and
included numbers, dates, or strings
◉ Unstructured data. Answer: Not defined do not follow a specific
format
◉ Big data. Answer: A collection of large, complex data sets, which
cannot be analyzed using traditional database methods and tools
◉ Variety. Answer: Different forms of structured and unstructured
data
◉ Veracity. Answer: Uncertainty or untrustworthiness of data,
biases, noise, and abnormalities
◉ Volume. Answer: The scale of data
◉ Velocity. Answer: The analysis of streaming data
◉ Information. Answer: Data converted into a meaningful and useful
context
◉ Variable. Answer: A data characteristic that stands for a value that
changes or varies over time
, ◉ Report. Answer: Document or table containing data
◉ Dynamic report. Answer: Changes automatically
◉ Static report. Answer: Created once and does not change
◉ Business intelligence. Answer: Information collected from sources
that analyze patterns trends, and relationships for strategic
decision-making
◉ Three key skills for a data analyst. Answer: Understanding of
math and statistics
Coding skills to work with data
Business area expertise
◉ Four categories of analytics. Answer: Descriptive
Diagnostic
Predictive
Prescriptive
