Exam 1: Using Data Analytics to Ask and Answer Accounting Questions

What type of question is predicting whether borrowers will be able to repay their loans?

"Understand" is the lowest skill in Bloom's Taxonomy.

"Communicate results with management" is one of the desired skills for accounting professionals, consistent with EY's "The Analytics Mindset".

Dashboards showing current company performance are usually associated with ______ updating.

A _____ is a graphical summary of various measures tracked by a company.

Which is the appropriate ordering of thinking skills in Bloom's Taxonomy, where the ">" symbol means higher order skills?

Information _________ may hinder the work of the accountant due to receiving too much information.

What type of question is used in determining how to maximize revenues if there is a trade war with China?

"Programming repetitive tasks" is one of the desired skills for accounting professionals, consistent with EY's "The Analytics Mindset".

What type of question is used in learning how much the company paid in interest expenses last year?

According to the textbook, the job of the accountant is continuing to change from that of data _____ to data _____.

What type of question(s) works to explain "Why did overall tax increase even though net income did not?"

According to EY's Analytics Mindset, accounting professionals need to be able to:

_____ is a computer program written to perform analysis to do repetitive tasks.

Within spreadsheets, ______ are used to connect other data in the spreadsheet.

Which component of the AMPS model would usually involve creating a pivottable?

A _____ is used to access data from a larger dataset needed for analysis.

The AMPS model is _____ .

The accuracy, validity and consistency of data used and stored over time is called ______ .

According to EY's Analytics Mindset, accounting professionals need to be able to: