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ISA 235 Chapter 1 Question and answers verified to pass
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ISA 235 Chapter 1 Question and answers verified to pass ISA 235 Chapter 1 Fact - correct answer the confirmation or validation of an event or object Information Age - correct answer The present time, during which infinite quantities of facts are widely available to anyone who can use a ...

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  • November 8, 2024
  • 8
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • ISA 235

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ISA 235 Chapter 1
Fact - correct answer ✔the confirmation or validation of an event or object


Information Age - correct answer ✔The present time, during which infinite
quantities of facts are widely available to anyone who can use a computer


Examples of the power of business and technology: - correct answer
✔Amazon, Netflix, Zappos - not technology companies


The core drivers of the information age: - correct answer ✔Data, Information,
Business Intelligence, Knowledge


Data - correct answer ✔Raw facts that describe the characteristics of an
event or object


Structured Data - correct answer ✔Stored in a traditional system such as a
relational database or spreadsheet


Two forms of structured data: - correct answer ✔Machine-generated data -
Created by a machine without human intervention
Human-generated data - Data that humans, in interaction with computers,
generate


Unstructured data - correct answer ✔Not defined and does not follow a
specified format

, Big data - correct answer ✔A collection of large, complex data sets, including
structured and unstructured data, which cannot be analyzed using traditional
database methods and tools


Snapshot - correct answer ✔A view of data at a particular point in time


Information - correct answer ✔Data converted into meaningful and useful
content


Business Intelligence - correct answer ✔Information collected from multiple
sources such as suppliers, customers, competitors, partners, and industries
that analyzes patterns, trends, and relationships for strategic decision making


Analytics - correct answer ✔The science of fact-based decision making


Predictive Analytics - correct answer ✔Extracts information from data and
uses it to predict future trends and identify behavioral patterns


Behavioral Analytics - correct answer ✔Uses data about people's behaviors
to understand intent and predict future actions


Knowledge - correct answer ✔Skills, experience, and expertise coupled with
information and intelligence that creates a person's intellectual resources


Knowledge worker - correct answer ✔Individual valued for their ability to
interpret and analyze information

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