Exam 2: Master the Data: an Introduction to Accounting Data

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_____________ can be used to help evaluate the supply of the product available.

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D

Managerial accounting systems do not have the requirement that the cost of acquiring data be less than the value of the data.

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False

Data without internal organization or structure that has tags explaining what the data represents is called ______.

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A

An information system for managing all interactions with current and potential employees is called a(n) _____ .

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Social media would generally be considered to be unstructured data.

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Of the data items listed below, which has the highest velocity?

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Financial statements would generally be considered to be unstructured data.

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Within an Excel pivottable, the ________ settings determine whether the pivottable will report counts, sums or averages.

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There is more social media data than financial statement data available.

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Economic data includes all of the following, except:

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The detailed records of the manufacturing equipment used by the company would be included in a _____.

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The SEC form which reports quarterly financial statements is called form _____.

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In the United Kingdom (UK), financial statements for publicly traded firms are issued twice annually. In the United States (US), financial statements for publicly traded firms are issued quarterly. The difference in timing would address which aspect of Big Data?

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Which system would be used to track sales with each customer?

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Economic data and analysis reports do not help accountants make better, more accurate budgets and forecasts of earnings.

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Veracity evaluates whether the data is ________, accurate (and clean), and worth of trust.

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Managerial accounting explicitly tracks all of the following costs, except:

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_______ often prepare research reports talking about company prospects by synthesizing financial statements, listening to conference calls, and talking to managers of the company and to its competitors.

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The supply chain system contains data on the current and previous __________ .

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Tax information at the company level comes primarily from the company's ________ .

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