(LO 5-2, LO 5-3, LO 5-4, LO 5-5, LO 5-6) Select the analytics type (descriptive, diagnostic, predictive, or prescriptive) that best goes with the example accounting questions.

Example Accounting Questions Can we forecast future revenues/cash flows/earnings with reasonable accuracy? Should the company lease its headquarters building or buy it outright? How much did we pay in federal taxes over the past 5 years? How did standard costs differ from actual costs for our product manufacturing? Will the company be profitable if its pharmaceutical product is approved by the FDA? How big is the difference between taxable income and net income?