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 an opportunity for an accountant that uses data analytics?

A) Helping coworkers learn the technical terms associated with data analytics
B) Training other employees and managers with the technical skills necessary to perform effective data analytics
C) Using data analytics to select data relevant to an identified business problem the company would like to address
D) Using good oral and written communication skills to help others see how decisions impact various financial aspects of the business