Question: Multiple choice questions: 1. The first step in an audit data analytics application is to _____ a. select the tools and graphics to be used

Multiple choice questions:

1. The first step in an audit data analytics application is to _____

a. select the tools and graphics to be used

b. obtain the relevant data

c. to set the objectives of the analytics test

d. to consider the EUs data privacy statutes

2. The data cleansing or data scrubbing phase can be best described as _____

a. labor intensive

b. a task easily completed using Tableau

c. a task that always takes about 10 percent of the total expected hours

d. that part of the work that should usually be outsourced

3. The best way to describe copying Excel results to Word and PowerPoint is _____

a. do so at your own risk

b. easy and seamless

c. difficult, hence the need to use Google Chrome instead

d. time-consuming, and best done by college interns

4. An Excel limitation is that the cells in an Excel spreadsheet cannot contain _____

a. photos

b. calculated numbers

c. column headings

d. neither photos, nor calculated numbers, nor column headings are correct

5. The components of analytics-based dashboards can best be described as ______.

a. satellite images

b. links to relevant websites

c. R, SQL, and Python code

d. graphs and tables

6. Journal entries can be classified into two groups. These groups are _______.

a. subjective and objective entries

b. operating and investing entries

c. automated and manual entries

d. current and noncurrent entries

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