Question 1

Choose from the following list the appropriate area in which financial accountants focus.

Accepted Answer

A)  Performance measurement and analysis 
B)  Collecting and paying sales taxes 
C)  Ensuring compliance with regulatory requirements 
D)  Auditing transactions 
A)  Performance measurement and analysis 
B)  Collecting and paying sales taxes 
C)  Ensuring compliance with regulatory requirements 
D)  Auditing transactions

Question 2

Compare and contrast data lakes and data warehouses.

Accepted Answer

Data in its raw format, before it is cle

Question 3

Choose the best definition of Visualization.

Accepted Answer

A)  Visualizations are verbal representations of information and data. 
B)  Visualizations are graphical representations of information and data. 
C)  Visualizations are graphical representations of questions asked. 
D)  Visualizations are the verbal representations of questions. 
A)  Visualizations are verbal representations of information and data. 
B)  Visualizations are graphical representations of information and data. 
C)  Visualizations are graphical representations of questions asked. 
D)  Visualizations are the verbal representations of questions.

Question 4

Choose the term that best describes a Database Management System (DBMS).

Accepted Answer

A)  A DBMS is a logical diagram of a database's structure and organization. 
B)  A DBMS is a request for data that is stored within a database. 
C)  A DBMS is a system that manages a database and retrieves data for a user. 
D)  A DBMS is the capability of the database to manage increasing demands. 
A)  A DBMS is a logical diagram of a database's structure and organization. 
B)  A DBMS is a request for data that is stored within a database. 
C)  A DBMS is a system that manages a database and retrieves data for a user. 
D)  A DBMS is the capability of the database to manage increasing demands.

Question 5

Choose from the following list the appropriate area in which management accountants focus.

Accepted Answer

A)  Preparing and analyzing financial statements 
B)  Managing financial accounting information systems 
C)  Performance measurement and analysis 
D)  Advising business leaders on best practices and regulatory requirements 
A)  Preparing and analyzing financial statements 
B)  Managing financial accounting information systems 
C)  Performance measurement and analysis 
D)  Advising business leaders on best practices and regulatory requirements

Question 6

How is data organized in a relational database?

Accepted Answer

Relational databases organize

Question 7

Unique careers are available to accounting professionals with an interest in data including

Accepted Answer

A)  financial crime investigators. 
B)  auditors. 
C)  tax preparation specialists. 
D)  All of these answer choices are correct 
A)  financial crime investigators. 
B)  auditors. 
C)  tax preparation specialists. 
D)  All of these answer choices are correct

Question 8

All information and instructions (recall that software is a set of instructions that tells hardware what to do) are executed on a computer in

Accepted Answer

A)  binary code. 
B)  SQL. 
C)  HTML. 
D)  JavaScript. 
A)  binary code. 
B)  SQL. 
C)  HTML. 
D)  JavaScript.

Question 9

Prepare a short narrative on how a system user can use captcha to give meaning to unstructured data.

Accepted Answer

The captcha presents the user with an im

Question 10

Why don't users running complex queries typically use a production database?

Accepted Answer

A)  A complex query would run too fast in the production database. 
B)  A complex query run against the production database would likely speed it up. 
C)  A complex query run against the production database would likely slow it down. 
D)  A complex query run against the production database would return incomplete results. 
A)  A complex query would run too fast in the production database. 
B)  A complex query run against the production database would likely speed it up. 
C)  A complex query run against the production database would likely slow it down. 
D)  A complex query run against the production database would return incomplete results.

Question 11

A File is a group of

Accepted Answer

A)  records. 
B)  bytes. 
C)  bits. 
D)  fields. 
A)  records. 
B)  bytes. 
C)  bits. 
D)  fields.

Question 12

Choose one of the commonly used database querying languages.

Accepted Answer

A)  SDL 
B)  SQL 
C)  DML 
D)  DDL 
A)  SDL 
B)  SQL 
C)  DML 
D)  DDL

Question 13

Data within Relational databases are stored in

Accepted Answer

A)  bytes. 
B)  fields. 
C)  files. 
D)  tables. 
A)  bytes. 
B)  fields. 
C)  files. 
D)  tables.

Question 14

Choose the term that best describes static data?

Accepted Answer

A)  Static data may change after it is recorded. 
B)  Static data is very difficult to record. 
C)  Static data does not change once it is created. 
D)  Static data is like a website. 
A)  Static data may change after it is recorded. 
B)  Static data is very difficult to record. 
C)  Static data does not change once it is created. 
D)  Static data is like a website.

Question 15

Apply your knowledge of the five characteristics of big data and choose the term below that best defines the volume of data.

Accepted Answer

A)  Volume is the diversity of data created or collected. 
B)  Volume is the accuracy and truthfulness of the data. 
C)  Volume is the quantity and scale of data generated. 
D)  Volume is the speed at which data is generated. 
A)  Volume is the diversity of data created or collected. 
B)  Volume is the accuracy and truthfulness of the data. 
C)  Volume is the quantity and scale of data generated. 
D)  Volume is the speed at which data is generated.

Question 16

Choose from the following list for the best definition of data analytics.

Accepted Answer

A)  Data Analytics is the process of transforming raw data into useful information. 
B)  Data Analytics is the process of transforming information into raw data. 
C)  Data Analytics is the process of transforming decisions into raw data. 
D)  Data Analytics is the process of transforming decisions into information. 
A)  Data Analytics is the process of transforming raw data into useful information. 
B)  Data Analytics is the process of transforming information into raw data. 
C)  Data Analytics is the process of transforming decisions into raw data. 
D)  Data Analytics is the process of transforming decisions into information.

Question 17

Compare and contrast structured and unstructured data.

Accepted Answer

Structured Data can be stored

Question 18

Choose from the following list one of the four most widely accepted categories for data analysis.

Accepted Answer

A)  Problematic Analytics 
B)  Predictive Analytics 
C)  Historical Analytics 
D)  Cursory Analytics 
A)  Problematic Analytics 
B)  Predictive Analytics 
C)  Historical Analytics 
D)  Cursory Analytics

Choose from the following list the appropriate area in which financial accountants focus.

Compare and contrast data lakes and data warehouses.

Choose the best definition of Visualization.

Choose the term that best describes a Database Management System (DBMS).

Choose from the following list the appropriate area in which management accountants focus.

How is data organized in a relational database?

Unique careers are available to accounting professionals with an interest in data including

All information and instructions (recall that software is a set of instructions that tells hardware what to do) are executed on a computer in

Prepare a short narrative on how a system user can use captcha to give meaning to unstructured data.

Why don't users running complex queries typically use a production database?

A File is a group of

Choose one of the commonly used database querying languages.

Data within Relational databases are stored in

Choose the term that best describes static data?

Apply your knowledge of the five characteristics of big data and choose the term below that best defines the volume of data.

Choose from the following list for the best definition of data analytics.

Compare and contrast structured and unstructured data.

Choose from the following list one of the four most widely accepted categories for data analysis.

Accounting As Information

Risks and Risk Assessments

Risk Management and Internal Controls

Software and Systems

Systems and Database Design

Emerging and Disruptive Technologies

Documenting Systems and Processes

Human Resources and Payroll Processes

Purchasing and Payments Process

Conversion Processes

Marketing, Sales, and Collection Processes

Financial Reporting Processes

Information Systems and Controls

Fraud

Cybersecurity

Data Analytics

Data Visualization

Audit Assurance

Filters

Exam 5: Data Storage and Analysis

Choose from the following list the appropriate area in which financial accountants focus.

Compare and contrast data lakes and data warehouses.

Choose the best definition of Visualization.

Choose the term that best describes a Database Management System (DBMS).

Choose from the following list the appropriate area in which management accountants focus.

How is data organized in a relational database?

Unique careers are available to accounting professionals with an interest in data including

All information and instructions (recall that software is a set of instructions that tells hardware what to do) are executed on a computer in

Prepare a short narrative on how a system user can use captcha to give meaning to unstructured data.

Why don't users running complex queries typically use a production database?

A File is a group of

Choose one of the commonly used database querying languages.

Data within Relational databases are stored in

Choose the term that best describes static data?

Apply your knowledge of the five characteristics of big data and choose the term below that best defines the volume of data.

Choose from the following list for the best definition of data analytics.

Compare and contrast structured and unstructured data.

Choose from the following list one of the four most widely accepted categories for data analysis.

Accounting As Information

Risks and Risk Assessments

Risk Management and Internal Controls

Software and Systems

Systems and Database Design

Emerging and Disruptive Technologies

Documenting Systems and Processes

Human Resources and Payroll Processes

Purchasing and Payments Process

Conversion Processes

Marketing, Sales, and Collection Processes

Financial Reporting Processes

Information Systems and Controls

Fraud

Cybersecurity

Data Analytics

Data Visualization

Audit Assurance

Filters