CIMA Flashcards
Accounting and Finance
1
Q
Predictive Analysis
A
Looks to the future by taking assumption and estimates by what will happen next
2
Q
Prescriptive Analysis
A
predictive + opinion on what can be done
3
Q
Descriptive Analyssis
A
Looks at the past, to understand why. Observation
4
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4
Q
Diagnostic Analysis
A
Looks at the past, to understand why
5
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6
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7
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8
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9
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10
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11
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12
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13
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14
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14
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15
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16
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17
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18
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19
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20
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21
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22
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23
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23
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24
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25
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26
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27
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28
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29
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30
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31
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31
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32
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32
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33
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33
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