Question: Match the description of the financial statement analysis technique to the data analytics type: Descriptive analytics Diagnostic analytics Predictive analytics Prescriptive analytics Financial Statement Analysis

Match the description of the financial statement analysis technique to the data analytics type:

Descriptive analytics

Diagnostic analytics

Predictive analytics

Prescriptive analytics

Financial Statement Analysis Technique 1. Use of time series analysis to project

Financial Statement Analysis Technique 1. Use of time series analysis to project future operating cash flows 2. Past performance comparisons to competitor 3. Use of analyst forecasts to project future sales 4. Drill-down analytics to determine relations/patterns/linkages between income statement line items 5. Vertical and horizontal analysis 6. Summary statistics of past performance 7. Net present value analysis using forecasts of earnings and cost of capital Data Analytics Type

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