Analytics and Accounting Techniques Exam Questions With Corret Answers
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Analytics and Accounting Techniques
Institution
Analytics And Accounting Techniques
=20/70 - ANSWER-If there are 20 return transactions and 50 sales transactions, what is the proportion of return transactions?
.=5/18 - ANSWER-If there are 5 transactions on 12/1, 4 transactions on 12/2, and 9 transactions on 12/3, what is the proportion of 12/1 transactions out of the first thre...
MAC3701 Assignment 2 (COMPLETE ANSWERS)
Semester 2 2024 - DUE 9 September 2024
Analytics and Accounting Techniques
.=20/70 - ANSWER-If there are 20 return transactions and 50 sales transactions, what is the proportion
of return transactions?
.=5/18 - ANSWER-If there are 5 transactions on 12/1, 4 transactions on 12/2, and 9 transactions on 12/3,
what is the proportion of 12/1 transactions out of the first three days of December?
.=IRR(-32000,10000,10000,10000,10000) - ANSWER-What is the Excel formula to compute the internal
rate of return for a $32,000 investment with cash inflows of $10,000 per year for four years?
.=NPV(0.1,18000,18000,18000,18000)-50000 - ANSWER-What is the Excel formula to compute the net
present value for a $50,000 investment with cash inflows of $18,000 per year for four years with a 10%
cost of capital?
.$1,312.66 - ANSWER-What is the net present value for a $32,000 investment with cash inflows of
$9,000 per year for four years, assuming a 3% cost of capital?
.7.18% - ANSWER-What is the internal rate of return for a $32,000 investment with cash inflows of
$9,000 per year for four years?
.Accrual - ANSWER-Which is more persistent in predicting future amounts of a variable based on current
amounts of that same variable?
.Altman's Z-score - ANSWER-All of the following are factors used by Altman's Z-score in predicting
bankruptcy except: Income/Total Assets
.Asset Turnover - ANSWER-Best measure for evaluating firm efficiency in handling and using assets.
, MAC3701 Assignment 2 (COMPLETE ANSWERS)
Semester 2 2024 - DUE 9 September 2024
.Base rate fallacy - ANSWER-Not considering historical averages when making predictions of possible
future events is known as what?
.Beneish - ANSWER-According to Beneish, which factor is predictive of financial statement fraud?
.Capital budgeting - ANSWER-The decision of which big project to invest in is traditionally called what?
.Cash flows from operating activities - ANSWER-Predicting which companies are likely to be
fraudulent/not fraudulent or likely to be bankrupt/not bankrupt are examples of which analytics
technique?
.Classification - ANSWER-Analytics used to predict if a company's financial statements contain fraud.
.Data dictionary - ANSWER-What is data about the data called?
.Deciles - ANSWER-Measure that helps evaluate what occurs in the highest and lowest 10 percent of the
data.
.Descriptive Analytics - ANSWER-Type of analytics that summarizes facts and calculates sums, averages,
counts, etc.
.Descriptive statistics - ANSWER-What are brief summaries or factoids of a data set that provide a
representation of the data set as a whole?
.Diagnostic Analytics - ANSWER-Analytics technique used to find unknown linkages, patterns, and
relationships between variables.
.Diagnostic analytics - ANSWER-Diagnostic analytics includes which type of visualizations?
.External - ANSWER-Tableau and Power BI require creating a connection to what type of data source?
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