Question 1 (2 points) A company upgraded production machinery to capture data about the fit tolerance for assembled parts of each unit produced. Before the upgrade, inspectors created the same data by sampling 10 percent of units produced. The upgrade represents an increase in OA) data variety. B) data volume. C) data velocity D) data veracity (2 points) Tiger Bookstore has already established a credit line with McGraw Hill for all their textbook purchases. Tiger Bookstore will initially record all deliveries from McGraw Hill in which type of accounting record as part of which transaction cycle? A) general ledger; expenditure cycle B) cash disbursements journal; production cycle C) purchases journal; expenditure cycle D) general journal; expenditure cycle Question 4 (2 points) Incentive programs were introduced to sales staff to decrease the amount of time spent on each order. This incentive program is likely to increase which type of error? A) Data input. B) Data imputation. C) Data threshold values. OD) Data de-duplication. Previous Page Next Page Page 4 of 50 Question 5 (2 points) If a data analyst uses machine learning to create an estimation of which suppliers are likely to be late in providing goods for a manufacturing process, what type of analytic did the data analyst create? A) Descriptive analytic B) Prescriptive analytic C) Diagnostic analytic D) Predictive analytic Question 6 (2 points) Use of software and algorithms to find and solve problems and improve business performance is called what? A) data analytics B) artificial intelligence OC) cloud computing D) blockchain Question 7 (2 points) Software that can be automatically programmed to perform tasks across applications just like humans do, and is often able to be programmed with click-and-drop interfaces are referred to as A) Robotic process automation (RPA) B) Big data C) Diagnostic analytics D) Prescriptive analytics Question 1 (2 points) A company upgraded production machinery to capture data about the fit tolerance for assembled parts of each unit produced. Before the upgrade, inspectors created the same data by sampling 10 percent of units produced. The upgrade represents an increase in OA) data variety. B) data volume. C) data velocity D) data veracity (2 points) Tiger Bookstore has already established a credit line with McGraw Hill for all their textbook purchases. Tiger Bookstore will initially record all deliveries from McGraw Hill in which type of accounting record as part of which transaction cycle? A) general ledger; expenditure cycle B) cash disbursements journal; production cycle C) purchases journal; expenditure cycle D) general journal; expenditure cycle Question 4 (2 points) Incentive programs were introduced to sales staff to decrease the amount of time spent on each order. This incentive program is likely to increase which type of error? A) Data input. B) Data imputation. C) Data threshold values. OD) Data de-duplication. Previous Page Next Page Page 4 of 50 Question 5 (2 points) If a data analyst uses machine learning to create an estimation of which suppliers are likely to be late in providing goods for a manufacturing process, what type of analytic did the data analyst create? A) Descriptive analytic B) Prescriptive analytic C) Diagnostic analytic D) Predictive analytic Question 6 (2 points) Use of software and algorithms to find and solve problems and improve business performance is called what? A) data analytics B) artificial intelligence OC) cloud computing D) blockchain Question 7 (2 points) Software that can be automatically programmed to perform tasks across applications just like humans do, and is often able to be programmed with click-and-drop interfaces are referred to as A) Robotic process automation (RPA) B) Big data C) Diagnostic analytics D) Prescriptive analytics