5. (LO 8.1, 8.4, 8.5, 8.6, 8.7) Match the analytics type (descriptive, diagnostic, predictive, or prescriptive) and branch of accounting (financial, managerial, audit, or tax) to the analytics technique used.

Analytics Technique Used Analytics Type (Descriptive, Diagnostic, Predictive, or Prescriptive)
Branch of Accounting (Financial, Managerial, Audit, or Tax)
Classification to accept or reject audit clients Time series analysis to forecast sales Common-size financial statements Regression to assess the company’s cost structure (determine fixed costs and variable costs)
Goal-seek analysis to identify the breakeven point Sequence checks assessing missing transactions Vertical analysis for investors to compare a company to its peers