Accounting Analytics Exam 1 |Questions and Answers
1. What type of question is choosing to take certain tax deductions based on the way managers
believe tax legislation will change in the near future?
A. What happened? What is happening?
B. What should we do based on what we expect will happen? How do we optimize our
performance based on potential constraints?
C. Will it happen in the future? What is the probability something will happen? Is it forecastable?
D. Why did it happen? What are the root causes of past results?: B
2. What visualization type is most appropriate for evaluating the relationships between values?
Scatterplot Bar
chart Histogram
Pie chart: Scatterplot
3. Which step of the AMPS model most appropriately addresses the axiom, "Your data won't speak
unless you ask it the right data analytics questions"?
Ask the Question Perform
the Analysis Master the Data
Share the Story: Ask the Question
4. What type of question is finding the detail to more clearly understand why net income is
decreasing when revenues are increasing?
A. What should we do based on what we expect will happen? How do we optimize our
performance based on potential constraints?
B. What happened? What is happening?
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, Accounting Analytics Exam 1 |Questions and Answers
C. Why did it happen? What are the root causes of past results?
D. Will it happen in the future? What is the probability something will happen? Is it forecastable?: C
2/
8
1. What type of question is choosing to take certain tax deductions based on the way managers
believe tax legislation will change in the near future?
A. What happened? What is happening?
B. What should we do based on what we expect will happen? How do we optimize our
performance based on potential constraints?
C. Will it happen in the future? What is the probability something will happen? Is it forecastable?
D. Why did it happen? What are the root causes of past results?: B
2. What visualization type is most appropriate for evaluating the relationships between values?
Scatterplot Bar
chart Histogram
Pie chart: Scatterplot
3. Which step of the AMPS model most appropriately addresses the axiom, "Your data won't speak
unless you ask it the right data analytics questions"?
Ask the Question Perform
the Analysis Master the Data
Share the Story: Ask the Question
4. What type of question is finding the detail to more clearly understand why net income is
decreasing when revenues are increasing?
A. What should we do based on what we expect will happen? How do we optimize our
performance based on potential constraints?
B. What happened? What is happening?
1/
8
, Accounting Analytics Exam 1 |Questions and Answers
C. Why did it happen? What are the root causes of past results?
D. Will it happen in the future? What is the probability something will happen? Is it forecastable?: C
2/
8
