TEST BANK FOR INTRODUCTION TO DATA
ANALYTICS FOR ACCOUNTING, 2ND EDITION
BY VERNON RICHARDSON|ULTIMATE GUIDE
100% VERIFIED.
Advanced data analytics projects - (ANSWER)High-volume and high-complexity data sets
requiring various data analytics tools
Analytical and data-driven mindset - (ANSWER)Using, synthesizing and analyzing data and
information to make informed decisions
Analytical skills - (ANSWER)The ability to identify data sources and work with data to analyze
a problem
Business intelligence - (ANSWER)Using insights from data to understand the historical and
future state or scenarios of the business and its operations
Communication skills - (ANSWER)Using strategy and data analytics to effectively communicate
an outcome
Critical thinking skills - (ANSWER)Organizing thoughts logically and consistently, evaluating
evidence and assumptions, considering arguments, drawing conclusions, synthesizing and
categorizing information
Data - (ANSWER)Factual information or facts
Data analytics - (ANSWER)Reviewing data from multiple sources, choosing appropriate metrics
and measurements, and developing verification applications
Data set - (ANSWER)A collection of data with a specific structure
, Data strategy and planning - (ANSWER)Developing and managing decisions, aligning with an
organization's business strategy
Data visualization - (ANSWER)Applying existing or developing visualization solutions and
dashboards to provide solutions
Datum - (ANSWER)A single data point
Descriptive data analytics projects - (ANSWER)Delivering data insights to describe a situation
or a scenario
Diagnostic data analytics projects or root cause analysis - (ANSWER)Using data to help identify
root causes of a situation
Digital content creation - (ANSWER)Creating, editing and improving digital content, including
copyrights and licenses
Digital literacy - (ANSWER)Knowing how to create digital content, ensure the privacy of data
being used and communicate using digital channels
Digital mindset - (ANSWER)Envisioning technology as a means of accomplishing tasks
Digitalization - (ANSWER)The process of converting business processes to use digital
technologies
Digitization - (ANSWER)The process of converting analog information into a digital format
Information and digital literacy - (ANSWER)Understanding information, data and digital content
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