Identify the items which would be currently out of scope for Data Analytics.

Question

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Answer 1

Question

Chapter 6, Problem 1MCQ

To determine

Identify the items which would be currently out of scope for Data Analytics.

Expert Solution & Answer

Answer to Problem 1MCQ

Option a. Direct observation of processes would be currently out of scope for Data Analytics.

Explanation of Solution

The items which would be currently using the data analytics are as follows:

Evaluation of time stamps to evaluate workflow
Evaluation of phantom vendors
Duplicate payment of invoices

Justification for correct and incorrect answer:

a.

Direct observation of processes: This is the correct choice as the direct observation of processes involves the application of direct processes in the evaluation. The use of data analytics in direct observation is restricted to the theory only. It is not expanded to practical areas for directly evaluating the processes. Thus, the direct observation of processes is currently out of scope for Data Analytics.

b.

Evaluation of time stamps to evaluate workflow: This option is an incorrect option because data analytics is used on the time stamps of the tasks. It determines the sequence of approvals in the form of a workflow along with the amount of time which is spent on each task.

c.

Evaluation of phantom vendors: This option is incorrect because the evaluation of phantom vendors is made via the use of data analytics. Thus, it cannot be said that the evaluation of phantom vendors is out of scope for Data Analytics.

d.

Duplicate payment of invoices: This is an incorrect option because the duplicate payment of invoice can be verified by using the big data analytics approach. Thus, it cannot be said as out of scope for Data Analytics.

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Answer 2

Question

Chapter 6, Problem 1MCQ

To determine

Identify the items which would be currently out of scope for Data Analytics.

Expert Solution & Answer

Answer to Problem 1MCQ

Option a. Direct observation of processes would be currently out of scope for Data Analytics.

Explanation of Solution

The items which would be currently using the data analytics are as follows:

Evaluation of time stamps to evaluate workflow
Evaluation of phantom vendors
Duplicate payment of invoices

Justification for correct and incorrect answer:

a.

Direct observation of processes: This is the correct choice as the direct observation of processes involves the application of direct processes in the evaluation. The use of data analytics in direct observation is restricted to the theory only. It is not expanded to practical areas for directly evaluating the processes. Thus, the direct observation of processes is currently out of scope for Data Analytics.

b.

Evaluation of time stamps to evaluate workflow: This option is an incorrect option because data analytics is used on the time stamps of the tasks. It determines the sequence of approvals in the form of a workflow along with the amount of time which is spent on each task.

c.

Evaluation of phantom vendors: This option is incorrect because the evaluation of phantom vendors is made via the use of data analytics. Thus, it cannot be said that the evaluation of phantom vendors is out of scope for Data Analytics.

d.

Duplicate payment of invoices: This is an incorrect option because the duplicate payment of invoice can be verified by using the big data analytics approach. Thus, it cannot be said as out of scope for Data Analytics.

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Answer 3

Question

Chapter 6, Problem 1MCQ

To determine

Identify the items which would be currently out of scope for Data Analytics.

Expert Solution & Answer

Answer to Problem 1MCQ

Option a. Direct observation of processes would be currently out of scope for Data Analytics.

Explanation of Solution

The items which would be currently using the data analytics are as follows:

Evaluation of time stamps to evaluate workflow
Evaluation of phantom vendors
Duplicate payment of invoices

Justification for correct and incorrect answer:

a.

Direct observation of processes: This is the correct choice as the direct observation of processes involves the application of direct processes in the evaluation. The use of data analytics in direct observation is restricted to the theory only. It is not expanded to practical areas for directly evaluating the processes. Thus, the direct observation of processes is currently out of scope for Data Analytics.

b.

Evaluation of time stamps to evaluate workflow: This option is an incorrect option because data analytics is used on the time stamps of the tasks. It determines the sequence of approvals in the form of a workflow along with the amount of time which is spent on each task.

c.

Evaluation of phantom vendors: This option is incorrect because the evaluation of phantom vendors is made via the use of data analytics. Thus, it cannot be said that the evaluation of phantom vendors is out of scope for Data Analytics.

d.

Duplicate payment of invoices: This is an incorrect option because the duplicate payment of invoice can be verified by using the big data analytics approach. Thus, it cannot be said as out of scope for Data Analytics.

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Answer 4

Question

Chapter 6, Problem 1MCQ

To determine

Identify the items which would be currently out of scope for Data Analytics.

Expert Solution & Answer

Answer to Problem 1MCQ

Option a. Direct observation of processes would be currently out of scope for Data Analytics.

Explanation of Solution

The items which would be currently using the data analytics are as follows:

Evaluation of time stamps to evaluate workflow
Evaluation of phantom vendors
Duplicate payment of invoices

Justification for correct and incorrect answer:

a.

Direct observation of processes: This is the correct choice as the direct observation of processes involves the application of direct processes in the evaluation. The use of data analytics in direct observation is restricted to the theory only. It is not expanded to practical areas for directly evaluating the processes. Thus, the direct observation of processes is currently out of scope for Data Analytics.

b.

Evaluation of time stamps to evaluate workflow: This option is an incorrect option because data analytics is used on the time stamps of the tasks. It determines the sequence of approvals in the form of a workflow along with the amount of time which is spent on each task.

c.

Evaluation of phantom vendors: This option is incorrect because the evaluation of phantom vendors is made via the use of data analytics. Thus, it cannot be said that the evaluation of phantom vendors is out of scope for Data Analytics.

d.

Duplicate payment of invoices: This is an incorrect option because the duplicate payment of invoice can be verified by using the big data analytics approach. Thus, it cannot be said as out of scope for Data Analytics.

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Answer 5

Chapter 6, Problem 1MCQ

To determine

Identify the items which would be currently out of scope for Data Analytics.

Expert Solution & Answer

Answer to Problem 1MCQ

Option a. Direct observation of processes would be currently out of scope for Data Analytics.

Explanation of Solution

The items which would be currently using the data analytics are as follows:

Evaluation of time stamps to evaluate workflow
Evaluation of phantom vendors
Duplicate payment of invoices

Justification for correct and incorrect answer:

a.

Direct observation of processes: This is the correct choice as the direct observation of processes involves the application of direct processes in the evaluation. The use of data analytics in direct observation is restricted to the theory only. It is not expanded to practical areas for directly evaluating the processes. Thus, the direct observation of processes is currently out of scope for Data Analytics.

b.

Evaluation of time stamps to evaluate workflow: This option is an incorrect option because data analytics is used on the time stamps of the tasks. It determines the sequence of approvals in the form of a workflow along with the amount of time which is spent on each task.

c.

Evaluation of phantom vendors: This option is incorrect because the evaluation of phantom vendors is made via the use of data analytics. Thus, it cannot be said that the evaluation of phantom vendors is out of scope for Data Analytics.

d.

Duplicate payment of invoices: This is an incorrect option because the duplicate payment of invoice can be verified by using the big data analytics approach. Thus, it cannot be said as out of scope for Data Analytics.

Answer 6

Chapter 6, Problem 1MCQ

To determine

Identify the items which would be currently out of scope for Data Analytics.

Expert Solution & Answer

Answer to Problem 1MCQ

Option a. Direct observation of processes would be currently out of scope for Data Analytics.

Explanation of Solution

The items which would be currently using the data analytics are as follows:

Evaluation of time stamps to evaluate workflow
Evaluation of phantom vendors
Duplicate payment of invoices

Justification for correct and incorrect answer:

a.

Direct observation of processes: This is the correct choice as the direct observation of processes involves the application of direct processes in the evaluation. The use of data analytics in direct observation is restricted to the theory only. It is not expanded to practical areas for directly evaluating the processes. Thus, the direct observation of processes is currently out of scope for Data Analytics.

b.

Evaluation of time stamps to evaluate workflow: This option is an incorrect option because data analytics is used on the time stamps of the tasks. It determines the sequence of approvals in the form of a workflow along with the amount of time which is spent on each task.

c.

Evaluation of phantom vendors: This option is incorrect because the evaluation of phantom vendors is made via the use of data analytics. Thus, it cannot be said that the evaluation of phantom vendors is out of scope for Data Analytics.

d.

Duplicate payment of invoices: This is an incorrect option because the duplicate payment of invoice can be verified by using the big data analytics approach. Thus, it cannot be said as out of scope for Data Analytics.

Answer 7

Chapter 6, Problem 1MCQ

To determine

Identify the items which would be currently out of scope for Data Analytics.

Answer 8

Expert Solution & Answer

Answer to Problem 1MCQ

Option a. Direct observation of processes would be currently out of scope for Data Analytics.

Answer 9

Expert Solution & Answer

Answer 10

Expert Solution & Answer

Answer 11

Explanation of Solution

The items which would be currently using the data analytics are as follows:

Evaluation of time stamps to evaluate workflow
Evaluation of phantom vendors
Duplicate payment of invoices

Justification for correct and incorrect answer:

a.

Direct observation of processes: This is the correct choice as the direct observation of processes involves the application of direct processes in the evaluation. The use of data analytics in direct observation is restricted to the theory only. It is not expanded to practical areas for directly evaluating the processes. Thus, the direct observation of processes is currently out of scope for Data Analytics.

b.

Evaluation of time stamps to evaluate workflow: This option is an incorrect option because data analytics is used on the time stamps of the tasks. It determines the sequence of approvals in the form of a workflow along with the amount of time which is spent on each task.

c.

Evaluation of phantom vendors: This option is incorrect because the evaluation of phantom vendors is made via the use of data analytics. Thus, it cannot be said that the evaluation of phantom vendors is out of scope for Data Analytics.

d.

Duplicate payment of invoices: This is an incorrect option because the duplicate payment of invoice can be verified by using the big data analytics approach. Thus, it cannot be said as out of scope for Data Analytics.

Answer 12

Ch. 6 - Prob. 1MCQ Ch. 6 - Prob. 2MCQ Ch. 6 - Prob. 3MCQ Ch. 6 - Prob. 4MCQ Ch. 6 - Prob. 5MCQ Ch. 6 - Prob. 6MCQ Ch. 6 - Prob. 7MCQ Ch. 6 - Prob. 8MCQ Ch. 6 - Which testing approach would be useful in...Ch. 6 - Prob. 10MCQ

Identify the items which would be currently out of scope for Data Analytics.

Identify the items which would be currently out of scope for Data Analytics.

Answer to Problem 1MCQ

Explanation of Solution

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Chapter 6 Solutions