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

Companies keep track of both tangible and intangible assets. They keep track of _______ assets using the fixed asset subsidiary ledger.

Managerial accounting systems generally include _________ which require a forecast of ______.

Data with greater veracity is often more impactful, carrying more weight in analysis than data with lesser veracity in addressing accounting questions.

____________ includes information on active and inactive vendors and the orders made to date.

________ accounting is information directed to external users, such as stockholders, banks, and suppliers; in contrast _____ accounting is used internally by the CEO, CFO, controller, budget officers, etc.

Which required section in a form 10-K is likely to represent unstructured data?

Which term refers to a required annual submission to the Securities and Exchange Commission reporting a company's financial performance.

An earnings call is a conference call between company management (like a CEO and CFO), analysts, investors, and the media to discuss earnings and other financial results that generally precede the call.

Whereas ______________ would generally be considered to unstructured data, _____________ would generally be considered to be structured data.

Estimates suggest that approximately 80 percent of enterprise data is structured.

Eric Schmidt, CEO of Google says, "Every _____ days we now create as much information as we did from the dawn of civilization up until 2003."

Which term refers to a required quarterly submission to the Securities and Exchange Commission reporting a company's financial performance.

Highlighting the difference between the data which comes from blogs and pictures as compared to financial data would be examples of which aspect of Big Data?

A ______ ledger details information on specific accounts with common characteristics.

___________ represent an interactive question-and-answer session between investors, analysts, other interested shareholders and management.

According to the text, PWC, a Big 4 accounting firm, asks its auditors to develop all of the following skills except the ability to:

This computer standard allows an easy, automated exchange between a financial statement repository and a financial statement user.

The Four V's associated with big data include all except which of the following:

What would be most likely to be disclosed in an 8-K filing to the SEC?

EDGAR, the SEC repository of SEC forms, stands for _______.