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 8 months ago

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