Week 4 - Performing the analysis Flashcards

1
Q

Describe the four types of accounting data analytics.

A
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2
Q

Describe the descriptive analytics approach.

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3
Q

Explain the use of diagnostic analysis.

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4
Q

Describe the use of predictive analytics.

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5
Q

Explain how prescriptive analytics assists in an evaluation of possible courses of action.

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6
Q

Review the basics of hypothesis testing.

A
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7
Q

What are the four types of accounting data analytics?

A

Descriptive analytics
Predictive analytics
Diagnostic analytics
Prescriptive analytics

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8
Q
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