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Saved Match the description of the tax analytics technique to the data analytics type: Tax Analysis Question Data Analytics Type 1. Use of time series

image text in transcribedimage text in transcribed Saved Match the description of the tax analytics technique to the data analytics type: Tax Analysis Question Data Analytics Type 1. Use of time series analysis to project future property taxes. 2. Past performance comparisons of effective tax rates to industry effective tax rates. 3. Use of analyst forecasts to project future sales. 4. Profiling to establish expectations of tax payment/liability by regulators. 5. Sums, averages, medians, bar charts. 6. Tracking performance using KPIs. 7. What-if scenario analysis. Descriptive analytics Diagnostic analytics Predictive analytics Prescriptive analytics Match the following tax KPIs to one of these areas Tax KPI 1. Effective tax rate (ETR). 2. Levels of late filing or error penalties and fines. 3. Cash taxes paid. 4. Expiration of tax credits. 5. Frequency of concerns pertaining to the organization's tax position. 6. Number of resubmitted tax returns due to error. Tax Area Tax cost Tax risk

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