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1. Which of the following methods compares discounted cash flows? Pivot table Payback period Net present value (NPV) Internal rate of return (IRR) I don't

1. Which of the following methods compares discounted cash flows?

  • Pivot table
  • Payback period
  • Net present value (NPV)
  • Internal rate of return (IRR)
  • I don't know.

2. You have the following data about every student attending a U.S. high school:

  • Student name
  • Student GPA
  • State of high school

Which of the following situations demonstrates the best use of an Excel pivot table?

  • To calculate the average student GPA for each state.
  • To connect this data to another data set that identifies each high school as public or private.
  • To calculate a modified GPA, which adjusts for students in California, but not for the remaining states.
  • To display the students with a GPA below 2.0.

3. Which of the following statements about Alteryx is correct?

  • You must run the workflow to incorporate any edits you have made.
  • You must remove unneeded header rows in Excel before bringing it into Alteryx.
  • You must learn how to code in Visual Basic.
  • You must create a new workflow every time you run a routine process.

4. Analytics and automation

  • ensures that the judgments made by accountants are correct.
  • requires accountants to spend time on more mundane work, reducing the time spent on making judgments.
  • efficiently provides the information that accountants need to make judgments.
  • replaces the need for accountants to make judgments.

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