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
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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
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