Audit Data Analytics

Question 1

all structures & unstructured data

Answer 1

data lake

Question 2

structured & organized database tables available for analysis

Answer 2

data warehouse

Question 3

subset of database tables used for specific business segments

Answer 3

data mart

Question 4

database tables transformed for drilling-down

Answer 4

data cubes

Question 5

structures tables available for specific analysis

Answer 5

databases

Question 6

single sheet of attributes & records

Answer 6

tables

Question 7

data files that may contain tables and/or other values

Answer 7

spreadsheets

Question 8

analytic that describes what happened or what is happening with the data

Answer 8

descriptive analytics

Question 9

analytics utilized to understand the underlying cause of results

Answer 9

diagnostic analytics

Question 10

analytics that use historical data & facts to make predictions, estimates, & assertions about future events

Answer 10

predictive analytics

Question 11

most advanced & complex analytics; built on prescriptive analytics & shift the focus from addressing what will happen to how to make something happen

Answer 11

prescriptive analytics