4. (LO 1-3) Which component of the AMPS model most appropriately addresses the axiom, "Your data won't speak unless you ask it the right data analytics questions"? a. Ask the Question b. Master the Data c. Perform the Analysis d. Share the Story 5. (LO1-3) Which component of the AMPS model most appropriately addresses the question of the best way to communicate data analytics findings with a decision maker? a. Ask the Question b. Master the Data c. Perform the Analysis d. Share the Story 6. (LO 1-3) What type of question is predicting whether a company will go bankrupt in the coming two years? a. What happened? What is happening? b. Why did it happen? What are the root causes of past results? c. Will it happen in the future? What is the probability something will happen? Is it forecastable? What should we do based on what we expect will happen? How do we optimize our performance based on potential constraints? 7. (LO 1-3) What type of question is choosing to take certain tax deductions based on the way managers believe tax legislation will change in the near future? a. What happened? What is happening? b. Why did it happen? What are the root causes of past results? c. Will it happen in the future? What is the probability something will happen? Is it forecastable? d. What should we do based on what we expect will happen? How do we optimize our performance based on potential constraints? 8. (LO 1-3) What type of question is finding the detail to more clearly understand why net income is decreasing when revenues are increasing? a. What happened? What is happening? b. Why did it happen? What are the root causes of past results? c. Will it happen in the future? What is the probability something will happen? Is it forecastable? d. What should we do based on what we expect will happen? What should we do based on what we expect will happen? How do we optimize our performance based on potential constraints? 9. (LO 1-3) What type of question is determining how much a company paid for state and federal income tax? a. What happened? What is happening? b. Why did it happen? What are the root causes of past results? c. Will it happen in the future? What is the probability something will happen? Is it forecastable? d. What should we do based on what we expect will happen? How do we optimize our performance based on potential constraints? 10. (LO 1-3) A, might be used to evaluate which journal entries are outliers. a. regression analytics b. Benford's law analysis c. histogram d. sum function (Excel SUM()