,Solutio
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,Manual for
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Data and Analytics in Accounting An Integrated Approach 1e Ann C.
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Dzuranin, Guido Geerts, Margarita Lenk c
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CHAPTER1 c
DATAANDANALYTICSINTHEACCOUNTING c c c c
PROFESSION c
Learning Objectives: c
LO 1.1: Summarize how advances in data and technology are impacting accounting professionals.
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cLO 1.2: Describe the stages of the data analysis process.
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LO 1.3: Identify the skills necessary to perform data analysis.
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LO 1.4: Explain how to apply a data analytics mindset during the data analysis process.
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ANSWERSTOMULTIPLECHOICEQUESTIONS c c c c
c Functional
1. c c A
LO c 1.1, c BT: c K, c Difficulty: c Easy, c TOT: c 2 c min, c AACSB:
c Knowledge, c AICPA c FC: c Leverage c Technology c to c Develop c and
c Enhance c Functional c Competencies
2. c c C
LO c 1.1, cBT: c K, cDifficulty: c Easy, c TOT: c 2 c min, c AACSB: cKnowledge,
cAICPA c FC: c Leverage c Technology c to c Develop c and c Enhance
c Functional c Competencies
3. c c C
LO c 1.2, cBT: c K, cDifficulty: c Easy, c TOT: c 2 c min, c AACSB: cKnowledge,
cAICPA c FC: c Leverage c Technology c to c Develop c and c Enhance
c Functional c Competencies
4. c c B
LO c 1 c 2, c BT: c K, c Difficulty: c Easy, c TOT: c 2 c min, cAACSB: c Knowledge,
c AICPA c FC: c Leverage c Technology c to c Develop c and c Enhance
c Functional c Competencies
5. c c B
LO c 1.2, cBT: c K, cDifficulty: c Easy, c TOT: c 2 c min, c AACSB: cKnowledge,
cAICPA c FC: c Leverage c Technology c to c Develop c and c Enhance
1-3
, Competencies
6. C
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