Accounting Analytics Quizzes Flashcards | Quizlet

Accounting Analytics Quizzes

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"Create" is the highest skill in Bloom's Taxonomy.
True
False
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"Create" is the highest skill in Bloom's Taxonomy.
True
False
True
"Ask the Right Question" is one of the desired skills for accounting professionals, consistent with EY's "The Analytics Mindset".
True
False
True
A visualization may be used to help with which component of the AMPS model?
Ask the Question
Master the Data
Perform the Analysis
Share the Story
Share the Story
A _____ is used to access data from a larger dataset needed for analysis.
pivottable
query or macro
visualization
Benford's law analysis
query or macro
The third step of the AMPS model is _____.
Ask the Question
Master the Data
Perform the Analysis
Share the Story
perform the analysis
There is more social media data than financial statement data available.
True
False
True
According to the AMPS model, the analyst should know the question they are trying to address before considering and accessing available data.
True
False
True
The _____ summarizes all of the journal entries which forms the basis for the financial statements.
Sales Journal
General Ledger
Special Journal
General Journal
general ledger
EDGAR, the SEC repository of SEC forms, stands for _______.
Electronic Data Gathering, Analysis Repository System
Electronic Data Gathering, and Archive Retrieval System
Electronic Data Gathering, Analysis and Retrieval System
Electronic Data Gathering, Analysis Resource System
Electronic Data Gathering, Analysis and Retrieval system
An information system for managing all interactions with current and potential employees is called a(n) _____ .
Employee management system
Human Resource management system
Staff management reporting system
Management information system
human resource management system
A data map is a centralized repository of information about data containing a separate record for each field/variable in the database.
True
False
False
Ratio data has an absolute zero.
True
False
True
If there are 6 transactions on 11/1, 3 transactions on 11/2 and 10 transactions on 11/3, what is the proportion of the 11/1 transactions to the total transactions that occur during the first three days of November?
=19/6
=6/13
=6/19
=6/6
=6/19
An example of unstructured data would include __________.
names and addresses
pictures
financial statements
product reviews
pictures
Earnings per share would be considered to be __________ data.
ordinal
nominal
interval
ratio
ratio