SOLUTION MANUAL for Data Analytics for Accounting, 3rd Edition by Vernon Richardson,Chapters 1 - 9

SOLUTION MANUAL for Data Analytics for BN BN BN BN BN




Accounting, 3rd Edition by Vernon
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Richardson,Chapters 1 - 9
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SOLUTION MANUAL for Data Analytics for Accounting,
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BN 3rd Edition by Vernon Richardson,Chapters 1 - 9
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N BN BN BN




1



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Material




TABLE OF CONTENTS
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Chapter 1: Data Analytics for Accounting and Identifying the Questions
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Chapter 2: Mastering the Data
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Chapter 3: Performing the Test Plan and Analyzing the Results
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Chapter 4: Communicating Results and Visualizations
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Chapter 5: The Modern Accounting Environment
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Chapter 6: Audit Data Analytics
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Chapter 7: Managerial Analytics
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Chapter 8: Financial Statement Analytics
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Chapter 9: Tax Analytics
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Solutions Manual – Chapter 1 BN B N BN BN




Solutions B N to B N Multiple B N Choice B N Questions

1. (LO 1-1) Big Data is often described by the four Vs, or
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a. volume, velocity, veracity, and variability.
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b. volume, velocity, veracity, and variety.
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c. volume, volatility, veracity, and variability.
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d. variability, velocity, veracity, and variety.
B N B N B N B N




Answer: b BN




2. LO 1-4) Which data approach attempts to assign each unit in a population into a
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small set of classes (or groups) where the unit best fits?
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a. Regression
b. Similarity matching B N




c. Co-occurrence grouping B N




d. Classification

Answer: d BN




3. (LO 1-4) Which data approach attempts to identify similar individuals based on
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data known about them?
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a. Classification
b. Regression
c. Similarity matching B N




d. Data reductionBN




Answer: c BN




4. (LO 1-4) Which data approach attempts to predict connections between two data items?
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a. Profiling
b. Classification
c. Link prediction
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d. Regression




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