Data Analyst
MULTIPLE CHOICE
Which of the following best describes the purpose of data cleaning?
A. To remove errors and inconsistencies
B. To create dashboards and charts
C. To predict future outcomes
D. To record financial transactions
A.
IDENTIFICATION
What does predictive analysis do?
Predicts Future Trends
TRUE or FALSE
Accountants are responsible for designing company products.
False
TRUE or FALSE
Data Analysts use charts, dashboards, and summaries to make raw numbers easier for managers to understand.
True
MULTIPLE CHOICE
What is statistical modeling used for?
A. Video editing
B. Data storage
C. Analyzing data patterns
D. Network installation
C.
TRUE or FALSE
Public fiscal management involves proper handling of government funds.
True
IDENTIFICATION
This function involves spotting patterns, such as sales increasing during payday, and helps businesses plan promotions.
Trend Analysis
MULTIPLE CHOICE
What does machine learning allow computers to do?
A. Learn from data
B. Print documents
C. Build hardware
D. Delete files
A.
Choose 1 responsibility of Accounting Profession, then explain.
1. Fraud Detection
2. Improved Auditing Processes
3. Financial Risk Analysis
4. Strategic Decision Support
5. Enhances Transparency in Public Fiscal Management
MULTIPLE CHOICE
Which of the following is an example of a Data Analyst monitoring business performance?
A. Designing a machine learning algorithm
B. Flagging unusual spikes in company expenses
C. Recording journal entries for compliance
D. Writing tax regulations
B.
IDENTIFICATION
What is big data processing?
Managing Large Datasets
FILL IN THE BLANK
Accountants examine records to detect _________.
Fraud
Explain Data Analyst Role and identify their four responsibilities.
Data Analyst focuses on organizing, cleaning, and interpreting data to provide insights.
1. Data Cleaning & Preparation
2. Reporting & Visualization
3. Trend Analysis
4. Business Performance Monitoring
IDENTIFICATION
What is the main role of a data scientist?
Turning Data into Insights
IDENTIFICATION
It refers to helping managers make business plans using financial information.
Strategic Decision Making