According to the EY Foundation, over which data analytic techniques should accountants gain mastery? A. Data...

According to the EY Foundation, over which data analytic techniques should accountants gain mastery?

	A.	Data mining, artificial intelligence
	B.	Correlation, regression
	C.	Querying, trends, forecasting
	D.	Cluster analysis, inferential statistics

Expert Solution

Correct Answer:

Option (C) Querying, trends, forecasting is the correct answer because an accountant should find queries regarding the transaction and analyze the trend of the amount as well as transactions of the organization, The account should also have forecasting knowledge regarding the variouses financial information.The forecasting get help to organization to prepare in all aspect that will occurre in future.

Incorrect Answers:

Option (A) Data mining, artificial intelligen is an incorrect because data mining , artificial intelligenc are done by the research analyst and not by the account.

Option (B) Correlation, regression is an incorrect answer because this is used in the statistics to find one variable with the help othe variable.

Option (D) Cluster analysis, inferential statistics is an incorrect answer because it is also related to the data mining , and data analysis, the computer graphics and image analysis.

So correct answer is an option (C)

ekkarill92 answered 3 months ago

. Recommend appropriate data analytic techniques for security prevention at IMC.

Recommend appropriate data analytic techniques for security prevention at IMC. [5 marks]

According to the National Sleep Foundation, an adult between the ages of 18 and 25 should...

According to the National Sleep Foundation, an adult between the ages of 18 and 25 should be getting between 7 and 9 hours of sleep per night. Since college students are so busy with studying and other responsibilities, it seems likely they are not getting the recommended hours of sleep. I would like to see what is true for the GVSU student body. Is there sufficient evidence to suggest that GVSU students get less than the recommended 7 hours of sleep...

How does data analytics relate to Big Data? Why should accountants incorporate data analytics into their...

How does data analytics relate to Big Data? Why should accountants incorporate data analytics into their work? Provide at least one unique example. (DQ 9-1)

Q5: Which type of pile foundation in adopted for the below conditions: a. the Depth should...

Q5: Which type of pile foundation in adopted for the below conditions: a. the Depth should be 3 to 5 m b. Should be clayey soil Also Describe about that type with neat sketch Write by microsoft word ( text )

Identify five ways in which patients can gain more control over their healthcare. Which one have...

Identify five ways in which patients can gain more control over their healthcare. Which one have you used. Describe how it has been a benefit to you.

Payback period is one of the techniques discussed for assessing which projects a firm should invest...

Payback period is one of the techniques discussed for assessing which projects a firm should invest in. In finance we generally frown upon it, believing there are a number of better approaches to choose from. Despite this fact, businesses (especially historically) often use payback period. What are some of the drawbacks to this technique? Illustrate with an example of how these drawbacks could lead one to a poor decision if payback period is used.

Divide the data into three groups according to age: under 25, 26 to 49, and over...

Divide the data into three groups according to age: under 25, 26 to 49, and over 50. Use ANOVA to test the claim that all three of these groups have the same mean balance on their Visa card. Be sure to write down the mean and standard deviation for each group! Age <25 26-49 over 50 n = n = n = x = x...

1. According to the FITT principle, a complete over-all fitness program should consist of about how...

1. According to the FITT principle, a complete over-all fitness program should consist of about how many strength-training exercises? a. 5 or 6 b.7 or 8 c. 8 or 10 2. Possible signs of overtraining include which of the following? a.chronic fatigue b.chronic muscle soreness c. all of the above

According to the attached information, based on total risk and return, which of the investments should...

According to the attached information, based on total risk and return, which of the investments should a risk-averse investor prefer? Assume that only one investment can be purchased. Return on Investment: Economic Condition Probability A B C Boon 0.5 25.0% 40.0% 5.0% Normal 0.4 15.0 20.0 10.0 Recession 0.1 -5.0 -40.0 15.0 Expected Return 18.0% 24.0% ? Standard Deviation 9.0% 23.3% 3.3% A. The investments should all be rejected because they are all too risky. B. The investments are equally...

Question