(LO 1-4) Match each of the specific Data Analytics tasks to the stage of the IMPACT cycle:

Identify the Questions Master the Data Perform Test Plan Address and Refine Results Communicate Insights Track Outcomes

Specific Data Analytics Test 1. Should we use company-specific data or macro-economic data to address the accounting question? 2. What are appropriate cost drivers for activity-based costing purposes? 3. Should we consider using regression analysis to analysis or clustering evaluate the data? 4. Should we use tables or graphs to show management what we've found? 5. Now that we've evaluated the data one way, should we perform another analysis to gain additional insights? 6. What type of dashboard should we use to get the latest, up-to-date results? Stage of IMPACT Cycle