Data Analytics for ACCT - Exam 1
Study Guide
(CHAPTER ONE)
Which skills were not emphasized that analytic-minded accountants should have?
A. Data visualization
B. Data quality
C. Data and systems analysis and design
D. Descriptive data analysis - ✔✔ correct answer C. Data and systems analysis and design
Which approach to Data Analytics attempts to identify similar individuals based on data known about
them?
A. Similarity matching
B. Classification
C. Data reduction
D. Regression - ✔✔ correct answer Similarity matching
Which approach to Data Analytics attempts to predict relationship between two data items?
A. Regression
B. Profiling
C. Classification
D. Link prediciton - ✔✔ correct answer D. Link prediciton
The IMPACT cycle includes all except* the following process:
A. track outcomes
B. perform test plan
C. visualize the data
D. master the data - ✔✔ correct answer C. visualize the data
, Data Analytics for ACCT - Exam 1
Study Guide
Big Data is often described by the three Vs, or
A. variability, velocity, and variety.
B. volume, velocity, and variety.
C. volume, velocity, and variability.
D. volume, volatility, and variability. - ✔✔ correct answer B. volume, velocity, and variety
Which of these terms is defined as being a central repository of descriptions for all the data
attributes of the dataset?
A. data dictionary
B. Big Data
C. Data Analytics
D. Data warehouse - ✔✔ correct answer A. data dictionary
By the year 2020, about 1.7 megabytes of new information will be created every:
A. minute
B. week
C. second
D. day - ✔✔ correct answer C. second
Which skills were not emphasized that analytic-minded accountants should have?
A. Data scrubbing and data preparation
B. Classification of test approaches
C. Define and address problems through statistical data analysis
D. Develop an analytics mindset - ✔✔ correct answer B. Classification of test approaches
The IMPACT cycles includes all except the following process:
Study Guide
(CHAPTER ONE)
Which skills were not emphasized that analytic-minded accountants should have?
A. Data visualization
B. Data quality
C. Data and systems analysis and design
D. Descriptive data analysis - ✔✔ correct answer C. Data and systems analysis and design
Which approach to Data Analytics attempts to identify similar individuals based on data known about
them?
A. Similarity matching
B. Classification
C. Data reduction
D. Regression - ✔✔ correct answer Similarity matching
Which approach to Data Analytics attempts to predict relationship between two data items?
A. Regression
B. Profiling
C. Classification
D. Link prediciton - ✔✔ correct answer D. Link prediciton
The IMPACT cycle includes all except* the following process:
A. track outcomes
B. perform test plan
C. visualize the data
D. master the data - ✔✔ correct answer C. visualize the data
, Data Analytics for ACCT - Exam 1
Study Guide
Big Data is often described by the three Vs, or
A. variability, velocity, and variety.
B. volume, velocity, and variety.
C. volume, velocity, and variability.
D. volume, volatility, and variability. - ✔✔ correct answer B. volume, velocity, and variety
Which of these terms is defined as being a central repository of descriptions for all the data
attributes of the dataset?
A. data dictionary
B. Big Data
C. Data Analytics
D. Data warehouse - ✔✔ correct answer A. data dictionary
By the year 2020, about 1.7 megabytes of new information will be created every:
A. minute
B. week
C. second
D. day - ✔✔ correct answer C. second
Which skills were not emphasized that analytic-minded accountants should have?
A. Data scrubbing and data preparation
B. Classification of test approaches
C. Define and address problems through statistical data analysis
D. Develop an analytics mindset - ✔✔ correct answer B. Classification of test approaches
The IMPACT cycles includes all except the following process:
