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TEST BANK For Data Analytics for Accounting, 3rd Edition by Vernon Richardson, Verified Chapters 1 - 9, Complete Newest Version $15.49   Add to cart

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TEST BANK For Data Analytics for Accounting, 3rd Edition by Vernon Richardson, Verified Chapters 1 - 9, Complete Newest Version

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TEST BANK For Data Analytics for Accounting, 3rd Edition by Vernon Richardson, Verified Chapters 1 - 9, Complete Newest Version Chapter 1: Data Analytics for Accounting and Identifying the Questions Chapter 2: Mastering the Data Chapter 3: Performing the Test Plan and Analyzing the Results Chapter ...

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  • October 16, 2024
  • 85
  • 2024/2025
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  • Data Analytics for Accounting, 3e
  • Data Analytics for Accounting, 3e
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1

,TABLE OF CONTENTS
J J




Chapter 1: Data Analytics for Accounting and Identifying the Questions
J J J J J J J J J




Chapter 2: Mastering the Data
J J J J




Chapter 3: Performing the Test Plan and Analyzing the Results
J J J J J J J J J




Chapter 4: Communicating Results and Visualizations
J J J J J




Chapter 5: The Modern Accounting Environment
J J J J J




Chapter 6: Audit Data Analytics
J J J J




Chapter 7: Managerial Analytics
J J J




Chapter 8: Financial Statement Analytics
J J J J




Chapter 9: Tax Analytics
J J J




2

,Solutions Manual – Chapter 1
J J J J



SolutionsJtoJMultipleJChoiceJQuestions

1. (LOJ1-1)JBigJDataJisJoftenJdescribedJbyJtheJfourJVs,Jor

a. volume,Jvelocity,Jveracity,JandJvariability.
b. volume,Jvelocity,Jveracity,JandJvariety.
c. volume,Jvolatility,Jveracity,JandJvariability.
d. variability,Jvelocity,Jveracity,JandJvariety.

Answer:Jb

2. LOJ1-
4)JWhichJdataJapproachJattemptsJtoJassignJeachJunitJinJaJpopulationJintoJaJsmallJsetJofJclassesJ(orJgroups)Jwher
eJtheJunitJbestJfits?

a. Regression
b. SimilarityJmatching
c. Co-occurrenceJgrouping
d. Classification

Answer:Jd

3. (LOJ1-4)JWhichJdataJapproachJattemptsJtoJidentifyJsimilarJindividualsJbasedJonJdataJknownJaboutJthem?

a. Classification
b. Regression
c. SimilarityJmatching
d. DataJreduction

Answer:Jc

4. (LOJ1-4)JWhichJdataJapproachJattemptsJtoJpredictJconnectionsJbetweenJtwoJdataJitems?

a. Profiling
b. Classification
c. LinkJprediction
d. Regression




3

, Answer:Jc


5. (LOJ1-
6)JWhichJofJtheseJtermsJisJdefinedJasJbeingJaJcentralJrepositoryJofJdescriptionsJforJallJofJtheJdataJattributesJofJtheJ
dataset?

a. BigJData
b. DataJwarehouse
c. DataJdictionary
d. DataJAnalytics

Answer:Jc

6. (LOJ1-5)JWhichJskillsJwereJnotJemphasizedJthatJanalytic-mindedJaccountantsJshouldJhave?

a. DevelopedJanJanalyticsJmindset
b. DataJscrubbingJandJdataJpreparation
c. ClassificationJofJtestJapproaches
d. StatisticalJdataJanalysisJcompetency

Answer:Jc

7. (LOJ1-5)JInJwhichJareasJwereJskillsJnotJemphasizedJforJanalytic-mindedJaccountants?

a. DataJquality
b. DescriptiveJdataJanalysis
c. DataJvisualizationJandJdataJreporting
d. DataJandJsystemsJanalysisJandJdesign

Answer:Jd

8. (LOJ1-4)JTheJIMPACTJcycleJincludesJallJexceptJtheJfollowingJsteps:

a. performJtestJplan.
b. visualizeJtheJdata.
c. masterJtheJdata.
d. trackJoutcomes.

Answer:Jb

9. (LOJ1-4)JTheJIMPACTJcycleJspecificallyJincludesJallJexceptJtheJfollowingJsteps:

a. dataJpreparation.
b. communicateJinsights.
c. addressJandJrefineJresults.
d. performJtestJplan.

4

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