Question: 1 . Problem 2 in the textbook ( MLO 1 - 3 ) Match each of the specific Data Analytics tasks to the stage of
Problem in the textbook MLO
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
Should we use companyspecific data or macroeconomic data to address the accounting question?
What are appropriate cost drivers for activitybased costing purposes?
Should we consider using regression analysis or clustering analysis to evaluate the data?
Should we use tables or graphs to show management what we've found?
Now that we've evaluated the data one way, should we perform another analysis to gain additional insights?
What type of dashboard should we use to get the latest, uptodate results?
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