Give an example of how Data Analytics creates value for accounting.
Question:
Give an example of how Data Analytics creates value for accounting.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 84% (13 reviews)
Accountants might use data analytics to learn mor...View the full answer
Answered By
JAPHETH KOGEI
Hi there. I'm here to assist you to score the highest marks on your assignments and homework. My areas of specialisation are:
Auditing, Financial Accounting, Macroeconomics, Monetary-economics, Business-administration, Advanced-accounting, Corporate Finance, Professional-accounting-ethics, Corporate governance, Financial-risk-analysis, Financial-budgeting, Corporate-social-responsibility, Statistics, Business management, logic, Critical thinking,
So, I look forward to helping you solve your academic problem.
I enjoy teaching and tutoring university and high school students. During my free time, I also read books on motivation, leadership, comedy, emotional intelligence, critical thinking, nature, human nature, innovation, persuasion, performance, negotiations, goals, power, time management, wealth, debates, sales, and finance. Additionally, I am a panellist on an FM radio program on Sunday mornings where we discuss current affairs.
I travel three times a year either to the USA, Europe and around Africa.
As a university student in the USA, I enjoyed interacting with people from different cultures and ethnic groups. Together with friends, we travelled widely in the USA and in Europe (UK, France, Denmark, Germany, Turkey, etc).
So, I look forward to tutoring you. I believe that it will be exciting to meet them.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
What is included in mastering the data as part of the IMPACT cycle described in the chapter?
-
Consider the 2013 declined loan data from LendingClub titled RejectStatsB2013. Similar to the analysis done in the chapter, lets scrub the employment length. Because our analysis requires risk...
-
Name three accounts that would be appropriate and interesting to apply Benfords law in auditing those accounts. Why would an auditor choose those three accounts? When would a departure from Benfords...
-
The following data represent the amount of time (in minutes) a random sample of eight students took to complete the online portion of an exam in Sullivan's Statistics course. Compute the mean,...
-
Show that the results in Problem 33 hold for any conditionally convergent series? The positive terms of the alternating harmonic series form a divergent series. Show the same for the negative terms?
-
In Exercises use the rules of differentiation to find the derivative of the function. (x) = x + 11
-
Explain the purpose and nature of, and the role of ethics in, managerial accounting.
-
Satu Company, a merchandiser, recently completed its 2015 operations. For the year, (1) all sales are credit sales, (2) all credits to Accounts Receivable reflect cash receipts from customers, (3)...
-
Explain the difference between Stakeholders and Shareholders please Answer Fast
-
Examine the Patient Medication Form for the Well meadows Hospital case study shown in Figure 14.18. (a) Identify the functional dependencies represented by the data shown in the form in Figure 14.18....
-
Give an example of how Data Analytics creates value for businesses.
-
How might Data Analytics be used in financial reporting? And how might it be used in doing tax planning?
-
In Section 11.8 we discussed the ability to use a heat exchanger simultaneously as a chemical reactor. In that example, we were running an exothermic reaction. Suppose we were interested in running...
-
The following information summarizes the activities in the Mixing Department for the month of March. Beginning inventory 1 , 0 0 0 units, 8 0 % complete Started and completed 2 4 , 5 0 0 units Ending...
-
What is your recommendation for the maximum size of coarse aggregate for the following situation? A continuously reinforced concrete pavement cross section contains a layer of No. 6 reinforced bars...
-
On January 1, 2024, Winn Heat Transfer leased office space under a three-year operating lease agreement. The arrangement specified three annual lease payments of $72,000 each, beginning December 31,...
-
A closed square pyramid tank (base width: 6.0 m; height 3.0 m), sitting on its square base, has a 1.0 m depth of water. Suppose this tank is inverted (turned upside down) and is made to stand on its...
-
P.4.3 Apply a Taylor series expansion to a mixed backward formula for the first derivative: (Ux)i = 1 Ax (aui-2+ bui-1 + cu + dui+1) Derive the family of second order accurate formulas and the...
-
What is meant by the statement that revenue has been recognized?
-
Show that, given a maximum flow in a network with m edges, a minimum cut of N can be computed in O(m) time.
-
After a NBA basketball game a box score is produced detailing the number of points scored, assists made and rebounds retrieved (among other statistics). Using the characteristics of useful...
-
Some would argue that the role of accounting is simply as an information provider. Will a computer ultimately completely take over the job of the accountant? As part of your explanation, explain how...
-
Some would argue that the role of accounting is simply as an information provider. Will a computer ultimately completely take over the job of the accountant? As part of your explanation, explain how...
-
Product Weight Sales Additional Processing Costs P 300,000 lbs. $ 245,000 $ 200,000 Q 100,000 lbs. 30,000 -0- R 100,000 lbs. 175,000 100,000 If joint costs are allocated based on relative weight of...
-
The projected benefit obligation was $380 million at the beginning of the year. Service cost for the year was $21 million. At the end of the year, pension benefits paid by the trustee were $17...
-
CVP Modeling project The purpose of this project is to give you experience creating a multiproduct profitability analysis that can be used to determine the effects of changing business conditions on...
Study smarter with the SolutionInn App