Data Analytics For Accounting
19th Edition
ISBN: 9781260375190
Author: RICHARDSON, Vernon J., Teeter, Ryan, Terrell, Katie
Publisher: Mcgraw-hill Education,
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Chapter 7, Problem 5MCQ
To determine
Identify the question which does not help refine a dashboard.
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The audit team is currently debating whether they should be using static or dynamic reports. Which phase are they most likely in?
a. Perform the Analysis
b. Master the Data
c. Share the story
d. Ask the Question
Which of the following is a challenge for creating dashboards in Excel without the Power BI tools?
Which of the following is not a benefit of using sensitivity analysis?
A. More people can see the impact of their ideas on the project.B. The use of a spreadsheet program increases the accuracy of the projections.C. What will happen is not known in advance so a variety of options can be exploredprior to making a decision.D. A well-written spreadsheet will allow for a variety of questions to be answered in aminimal amount of time.
Chapter 7 Solutions
Data Analytics For Accounting
Ch. 7 - What would you consider to be Financial...Ch. 7 - Prob. 2MCQCh. 7 - What does KPI stand for? a. Key performance index...Ch. 7 - Prob. 4MCQCh. 7 - Prob. 5MCQCh. 7 - On a Balanced Scorecard, which is not included as...Ch. 7 - Prob. 7MCQCh. 7 - Prob. 8MCQCh. 7 - Prob. 9MCQCh. 7 - Prob. 10MCQ
Ch. 7 - We know that a Balanced Scorecard is comprised of...Ch. 7 - Prob. 2DQCh. 7 - Amazon, in the authors opinion, has cared less...Ch. 7 - For an accounting firm like PwC, how would the...Ch. 7 - For a company like Walmart, how would the Balanced...Ch. 7 - Prob. 6DQCh. 7 - If the data underlying your digital dashboard are...Ch. 7 - In which of the four components of a Balanced...Ch. 7 - From Exhibit 7-5, choose 5 Financial Performance...Ch. 7 - From Exhibit 7-5, choose 10 Employee Performance...Ch. 7 - From Exhibit 7-5, choose 10 Marketing KPIs to...Ch. 7 - Prob. 4PCh. 7 - If ROA is considered a key KPI for a company, what...Ch. 7 - If Time to Market is considered a key KPI for a...Ch. 7 - Prob. 7P
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- Can someone set up an excel sheet using the following data and show me the formula side, so I know how to replicate this type of problem later on? I don't understand where we get the values from the solution excel sheet I attached in the images. Thanks in advance!arrow_forwardQuestionnaires can be administered both onpaper and via the Internet. Online questionnaires allow for the use of complex analysis tools and real-time results. However, online questionnaires have idiosyncratic challenges. Three such challengescan be computer access concerns, gettingusers to participate, and employee concerns for privacy of results. Discuss when each concern is likely to impact the onlinequestionnaire and how you would addresseach challengearrow_forwardHow can spreadsheet software, such as Excel, help with sensitivity analysis?arrow_forward
- check the information before solving the problem because I just received an answer back which it had been took it from a similar problem but with different data.arrow_forwardCompare and contrast the difference between the retrospective analytics approachand the predictive analytics approach to data analytics.arrow_forwardEducate these stakeholders on the advantages of utilizing a spreadsheet solution and how simple it was to process data in order to generate the information provided in the report in Excelarrow_forward
- Which of the following is an advantage of using short sentences? Select one: a. They can be processed quickly b. They can quickly alert the reader as to what will follow c. They are useful for showing relationships d. They effectively summarise previous information e. They quickly convey complex ideas Which of these is a potential benefit of making sure all your messages are well crafted efforts that respect the audience's time? Select one: a. People will pay more attention to your work in the future b. You will be able to proofread the work of others, gaining insight into organisational activities. c. You'll be more popular with audience members d. You will no longer be tasked with writing routine messages e. If you earn a strong reputation as a writer, you will no longer need to provide supporting evidence During the revision process, when does it make the most sense to review the organisation of a message? Select one: a. During proofreading b. Right before printing…arrow_forwardWhy is it a challenge performing data analysis in Excel without Power BI tools?arrow_forwardWrite any TWO disadvantages of asking open questions in a Questionnaire. List any TWO advantages of PILOTING a questionnaire. Briefly explain any ONE method of measuring reliability.arrow_forward
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