Ch 5 - Assignments i Saved Required: Select the analytics type (descriptive, diagnostic, predictive and prescriptive)...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Ch 5 - Assignments i Saved Required: Select the analytics type (descriptive, diagnostic, predictive and prescriptive) to the analytics types used. 20 Types of Analyses Used Type of Analytics points Ratio analytics Bank reconciliation Scenario analytics eBook Pivot table analytics to find most profitable product or customer Descriptive Analytics Classifying firms into those expected to have committed fraud vs. no fraud Diagnostic Analytics Fuzzy matching of vendors and employees to see if there are similarities in names or addresses References Predictive Analytics Capital budgeting-evaluating cash flows Prescriptive Analytics Variance analytics-why price or quantity used is greater than expected Ch 5 - Assignments i Saved Required: Select the analytics type (descriptive, diagnostic, predictive and prescriptive) to the analytics types used. 20 Types of Analyses Used Type of Analytics points Ratio analytics Bank reconciliation Scenario analytics eBook Pivot table analytics to find most profitable product or customer Descriptive Analytics Classifying firms into those expected to have committed fraud vs. no fraud Diagnostic Analytics Fuzzy matching of vendors and employees to see if there are similarities in names or addresses References Predictive Analytics Capital budgeting-evaluating cash flows Prescriptive Analytics Variance analytics-why price or quantity used is greater than expected
Expert Answer:
Answer rating: 100% (QA)
Ratio analytics Descriptive Bank reconciliation Diagnostic Scenario ... View the full answer
Related Book For
Systems Analysis and Design
ISBN: 978-1133274636
9th Edition
Authors: Shelly Cashman, Gary B. Shelly and Harry J. Rosenblatt
Posted Date:
Students also viewed these accounting questions
-
Select the analytics type (descriptive, diagnostic, predictive and prescriptive) to the analytics tools used. Matching Type of Analytics Counts, totals, sums, minimums, maximums Identifying...
-
Why do capital budgeting evaluation methods use cash flows rather than accounting income?
-
In what ways are prescriptive models different from descriptive models?
-
Graph the solution sets in Problems 316. x 100
-
Given P(A1) = 0.50, P(B1|A1) = 0.40, and P(B1|A2) = 0.70, what is the probability of P(A1|B2)?
-
Consider a real-time system with two voice calls of periodicity 5 msec each with CPU time per call of 1 msec, and one video stream of periodicity 33 ms with CPU time per call of 11 msec. Is this...
-
List at least ten ambiguous words that should not be used in framing questions.
-
Sublime Sandals Company was formed on January 1, 2014, and is preparing its annual financial statements dated December 31, 2014. Ending inventory information about the four major items stocked for...
-
During 2021, Smooth Ride Airlines paid salary expense of $38.3 million. At December 31, 2021, Smooth Ride accrued salary expense of $2.2 million. Smooth Ride then paid $2.9 million to its employees...
-
Cinder Inc. is a Canadian-controlled private corporation based in your province. The company operates a wholesale business. The following information is provided for its year ended May 31, 2020: 1....
-
Diego Company had the following department data: Accounting Transactions Transactions Physical Units Work in Process, July 1 30,600 Completed and Transferred Out 164,600 Work in Process, July 31...
-
Describe the differences between a phase, project life cycle, and the project process groups, and list examples of each. Explain why using the names of process groups for phase names confuses your...
-
Summarize what the Grand Aid Program is. Describe the benefits to such a program. At what policymaking level do you think that this might best be pursued? Identify obstacles that might prevent such a...
-
Problem 2: Decision Tree, post-pruning and cost complexity parameter using sklearn 0.22 [10 points, Peer Review] We will use a pre-processed natural language dataset in the CSV file "spamdata.csv" to...
-
Can someone explain how the code below work pls? import java.util.*; import java.io.*; class Node { private char data; private Node next; public Node() { this('#', null); } public Node(char d) { data...
-
Using any means at your disposal (MS Word, MS Paint, Adobe Photoshop, or hand drawn, etc.), draw a flowchart that will let the user enter 1000 numbers. The program will identify the lowest number...
-
During project execution, a customer wants to add a new component with a high degree of complexity to the product. What should the risk manager do next regarding the schedule and budget? O Identify...
-
Determine the optimal use of Applichem's plant capacity using the Solver in Excel.
-
What is the invisible Web, and how can it be accessed?
-
How do Venn diagrams show the effect of the three logical operators?
-
Name three specific strategies you can use if you get nervous during a presentation.
-
The historical cost basis results in: a. initially recording assets at cost and adjusting when the current value changes. b. keeping activities of an entity separate and distinct from its owner. c....
-
Follow the same format as in Practice Brief Exercise 2. Determine the effect on assets, liabilities, and equity for the following three transactions. a. Performed accounting services for clients for...
-
Anya and Nick Ramon, local golf stars, opened the Chip-Shot Driving Range Ltd. on March 1, 2025, investing 25,000 of their cash savings in the business in exchange for ordinary shares. A caddy shack...
Study smarter with the SolutionInn App