Question: 1 . Problem 2 in the textbook ( MLO 1 - 3 ) Match each of the specific Data Analytics tasks to the stage of

1.Problem 2 in the textbook (MLO 1-3)
Match each of the specific Data Analytics tasks to the stage of the IMPACT cycle:
Identify the Questions
Master the Data
Perform Test Plan
Address and Refine Results
Communicate Insights
Track Outcomes
Specific Data Analytics Test Stage of IMPACT Cycle
1. Should we use company-specific data or macro-economic data to address the accounting question?
2. What are appropriate cost drivers for activity-based costing purposes?
3. Should we consider using regression analysis or clustering analysis to evaluate the data?
4. Should we use tables or graphs to show management what we've found?
5. Now that we've evaluated the data one way, should we perform another analysis to gain additional insights?
6. What type of dashboard should we use to get the latest, up-to-date results?

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