Question: 2. (LO 8.4, 8.5, 8.6, 8.7) Match the analytics type (descriptive, diagnostic, predictive, or prescriptive) to each example accounting question. Example Accounting Question Analytics Type

2. (LO 8.4, 8.5, 8.6, 8.7) Match the analytics type (descriptive, diagnostic, predictive, or prescriptive) to each example accounting question.

Example Accounting Question Analytics Type (Descriptive, Diagnostic, Predictive, or Prescriptive)
Should we extend credit to a supplier?
Will the company be profitable if it receives regulatory approval to sell in Europe?
Why is revenue up for our company but down for the industry as a whole?
Has net income increased over the past five years?
Why were actual production costs different from the amount budgeted?
What level of sales will allow us to break even?
Were checks recorded out of sequence?
Are any checks missing?

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