Match the accounting question to the appropriate type of Data Analytics: Descriptive analytics Diagnostic analytics Predictive analytics
Question:
Match the accounting question to the appropriate type of Data Analytics:
- Descriptive analytics
- Diagnostic analytics
- Predictive analytics
- Prescriptive analytics
Transcribed Image Text:
Accounting Question 1. What are the expected stock returns to our investment in Facebook stock? 2. What was the price and quantity variance associated with the production of chicken at Tyson? 3. What are the cash needs and projections over the next 3 months? 4. What were the total taxes paid in the past 5 years? 5. If we expect our Asian sales to increase, where should we produce them? 6. Should we ship by truck, rail, or air given the expected increase in fuel expenses? 7. Our refunds seem to be high. Are they fraudulent? 8. Which product sold the most last month? Analytics Type
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 42% (7 reviews)
Accounting Question 1 What are the expected stock returns to our investme...View the full answer
Answered By
Rashul Chutani
I have been associated with the area of Computer Science for long. At my university, I have taught students various Computer Science Courses like Data Structures, Algorithms, Theory of Computation, Digital Logic, System Design, and Machine Learning. I also write answers to questions posted by students in the area of and around Computer Science.
I am highly fortunate to receive great feedback on my teaching skills that keeps me motivated. Once a student sent me an email stating that I had explained to him a concept better than his professor did.
I believe in the fact that "Teaching is the best way to learn". I am highly fascinated by the way technology nowadays is solving real-world problems and try to contribute my bit to the same.
Besides tutoring, I am a researcher at the Indian Institute of Technology. My present works are in the area of Text Summarization and Signal and Systems.
Some of my achievements include clearing JEE Advanced with an All India Rank of 306 out of 1.5 million contesting candidates and being the Department Ranker 1 at my University in the Department of Computer Science and Engineering.
I look forward to providing the best Tutoring Experience I can, to the student I teach.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Match the following terms to the appropriate definitions: _______ Hive a. knowledge discovery using a variety of statistical and computational techniques _______ Text mining b. analytics that...
-
Fixit Company recently entered the competitive home improvement industry. Fixits accountant, Woody Splinters, wants to use various types of data analytics to understand and improve the companys...
-
Bronco Companys management accounting team uses the results from particular data analytics to select its optimal risk response to key risks. What analytic type does this behavior represent? [Refer to...
-
Assume that a security is selling at INR 217 and American call and American put options are available on the stock with 3 months maturity and an exercise price of INR 210. The call is selling at INR...
-
The following information pertains to Seda Companys pension plan: Actuarial estimate of projected benefit obligation at 1/1/14 . $72,000 Service cost for 2014 ................. 18,000 Pension...
-
The Mariana Trench is estimated to be 11.000 meters deep. If a standard football field is 360 feet long, how many football fields deep is the Mariana Trench?
-
Conventional accounting provides information about a cluster of financial circumstances that are of concern to all stakeholders.What are these circumstances?
-
Assume Malcolm Tech, Inc., is expanding into China. The company must decide where to locate and how to finance the expansion. Identify the financial statement where these decision makers can find the...
-
The dimensions are given in inches. Use area A = 0.0025 sq.m = 3.875 sq. in and E= 29,000,000 psi for all elements. All connections are ball-and-socket. Find the displacement of node 5, forces and/or...
-
Complete the statement of cash flow for January through June on the CashFlow worksheet by completing the following tasks. As part of the process, you will need to use a circular reference. You will...
-
In which areas were skills not emphasized for analytic-minded accountants? a. Data quality. b. Descriptive data analysis. c. Data visualization and data reporting. d. Data and systems analysis and...
-
Which skills were not emphasized that analytic-minded accountants should have? a. Developed an analytics mindset b. Data scrubbing and data preparation c. Classification of test approaches d....
-
The data in the file BankMarketing are from a direct marketing campaign conducted by a Portuguese banking institution (Data extracted from S. Moro, R. Laureano and P. Cortez, "Using Data Mining for...
-
In some countries, governments and bank authorities adopt policies that impose restrictions on asset holdings. Why do they do this?
-
Securitization changes the systemic (system-wide) risks in the regulated and unregulated shadow banking system. What is securitization? Does it pose a problem for effective banking systems?
-
What role can self-regulation play in the future to avert financial crises?
-
The Parties disagree on the extent to which the populations likely to be affected by the construction of the Orion (Botnia) mill, particularly on the Argentine side of the river, were consulted in...
-
According to Reuters, the Peoples Bank of China has been using targeted increases in banks reserve requirement ratios (RRR) in recent months. Explain why central banks impose reserve requirements for...
-
If a market is contestable, how does the equilibrium differ from that of a monopoly?
-
During 2012, Cheng Book Store paid $483,000 for land and built a store in Georgetown. Prior to construction, the city of Georgetown charged Cheng $1,300 for a building permit, which Cheng paid. Cheng...
-
Give an example of employee fraud and identify reasons why it may occur.
-
What is hashing? Does it serve the same purpose as encryption? Why?
-
What is hashing? Does it serve the same purpose as encryption? Why?
-
6. State the domain and range for the function f(x) = 4 tan(x). 7. Graph the function y = -tan ( an (x-4) o over the interval -x. 8. Find the domain and range for the function f(x) = csc(x).
-
Find the most general antiderivative of the function. f(x)= 4x-6x+3
-
Lea, a single individual, turned 72 on May 13, 2022. The fair market value of her 401(k) plan was $400,000, $425,000, and $385,000 on December 31, 2021, December 31, 2022, and December 31, 2023,...
Study smarter with the SolutionInn App