Data Analysis Quiz
Question: Big Data is often described by the three Vs, or
Volume, velocity, and variability.
b. Volume, velocity, and variety.
c. Volume, volatility, and variability.
d. Variability, velocity, and variety
Answer: b. Volume, velocity, and variety.
Question: Which of these terms is defined as being a central repository of descriptions for all of the data attributes of the dataset?
a. Big Data
b. Data warehouse
c. Data dictionary
d. Data Analytics
Answer: c. Data dictionary
Question: Which skills were not emphasized that analytic-minded accountants should have?
a. Develop an analytics mindset
b. Data scrubbing and data preparation
c. Classification of test approaches
d. Define and address problems through statistical data analysis.
Answer: c. Classification of test approaches
Question: Which skills were not emphasized that analytic-minded accountants should have?
a. Data quality
b. Descriptive data analysis
c. Data visualization
d. Data and systems analysis and design
Answer: d. Data and systems analysis and design
Question: The IMPACT cycle includes all except the following process:
a. Visualize the data.
b. Identify the questions.
c. Master the data.
d. Track outcomes
Answer: a. Visualize the data.