Using Data Analytics in Cost Accounting Is Proving to Be

Multiple Choice

Using data analytics in cost accounting is proving to be a big opportunity to improve operations for various businesses. While data analytics have come a long way, there are still challenges and opportunities to consider. Which of the following is a challenge for an accountant that uses data analytics?

A) Being comfortable working with diverse teams which is not something accountants normally do
B) Convincing others in the organization that data analytics is not a worthwhile endeavor
C) Finding a way to add value through insights generated from data analytics
D) Helping coworkers learn the technical terms associated with data analytics