Alteryx Training Presentation Questions and
Answers with Complete Solutions | 100% Correct
limit of excel? - ANSWER millions of rows
why alteryx? - ANSWER 1. prepare and blend data quickly from multiple data
sources (billions of rows)
2. repeatable workflow with no coding
3. remembers everything
key benefits (3) - ANSWER 1. transparency (easy to create audit trail + see risks
of failure)
2. repeatability
3. scalability (alteryx goes beyond excel's limit)
alteryx in audit (4) - ANSWER 1. risk assessment (GL + Sub-ledgers and see
what accounts connect and better understand info w client meetings)
2. pre-processing of data (run client's data quickly to see what is needed)
3. identify items for further testing
4. substantive recalculation (appreciation, depreciation, eat to calculate)
alteryx in tax (3) - ANSWER 1. data preparation and manipulation 2. scaling and
standardizing repetitive calculations 3. advanced analytics, modeling, and
reporting
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