Data Analytics for Accounting Vernon Richardson 1st Edition - Test Bank Chapter 3
3 views 0 purchase
Course
Accounting 101
Institution
Accounting 101
Data Analytics for Accounting Vernon Richardson
1st Edition - Test Bank Chapter 3
Data Analytics for Accounting Vernon Richardson 1st Edition- Test Bank
Sample Questions
Chapter 3 Modeling and Evaluation: Going from Defining Business Problems
and Data Understanding to Analyzing Data and Answer...
4) Regression is a data approach used to estimate or predict, for each unit, the
numerical value of some variable using some type of statistical model.
Answer: TRUE
Difficulty: 1 Easy
Topic: Performing the Test Plan: Defining Data Analytics Approaches
Learning Objective: 03-01 Define Data Analytics Approaches.
,5) Link prediction is a data approach used to estimate or predict, for each unit, the
numerical value of some variable using some type of statistical model.
Answer: FALSE
Difficulty: 1 Easy
Topic: Performing the Test Plan: Defining Data Analytics Approaches
Learning Objective: 03-01 Define Data Analytics Approaches.
Bloom’s: Remember
AACSB: Reflective Thinking
AICPA: BB Leveraging Technology; FN Leveraging Technology; FN Decision Making
6) Existing data that has been manually evaluated and assigned a class is often referred
to as test data.
Answer: FALSE
Difficulty: 2 Medium
Topic: Classification Terminology
Learning Objective: 03-03 Describe the data reduction approach to Data Analytics.
Bloom’s: Understand
AACSB: Reflective Thinking
AICPA: BB Leveraging Technology; FN Leveraging Technology; FN Decision Making
7) Co-occurrence grouping could be used to match vendors by geographic region.
Answer: TRUE
, Difficulty: 1 Easy
Topic: Performing the Test Plan: Defining Data Analytics Approaches
Learning Objective: 03-01 Define Data Analytics Approaches.
Bloom’s: Remember
AACSB: Reflective Thinking
AICPA: BB Leveraging Technology; FN Leveraging Technology; FN Decision Making
8) Fuzzy matching is a data approach used to identify similar individuals based on data
known about them.
Answer: FALSE
Difficulty: 1 Easy
Topic: Performing the Test Plan: Defining Data Analytics Approaches
Learning Objective: 03-01 Define Data Analytics Approaches.
Bloom’s: Remember
AACSB: Reflective Thinking
AICPA: BB Leveraging Technology; FN Leveraging Technology; FN Decision Making
9) Alibaba and its attempt to identify seller and customer fraud based on various
characteristics known about them is an example of similarity matching.
Answer: TRUE
Difficulty: 1 Easy
Topic: Performing the Test Plan: Defining Data Analytics Approaches
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller bmm7203. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $7.99. You're not tied to anything after your purchase.
