Accounting Analytics Quiz
Authored by Rynne Chua
Business
11th Grade
Used 3+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
What is the primary purpose of accounting analytics in business?
To manage employee performance
To reduce operational costs
To provide insights and support decision-making
To create financial statements
2.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Which of the following is NOT a type of financial data used in accounting analytics?
Transactional data
Budgets and forecasts
Financial statements
Market research
3.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
What does predictive analytics primarily focus on?
Summarizing historical data
Making predictions about future outcomes
Visualizing data trends
Identifying reasons for past outcomes
4.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Which tool is commonly used for data visualization in accounting analytics?
PowerPoint
MsOutlook
Word
PowerBi
5.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
What is a challenge faced in implementing analytics in accounting?
High employee turnover
Data quality and availability
Lack of customer feedback
Increased competition
6.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
What type of data includes information about production volumes and employee productivity?
Customer data
Market data
Operational data
Financial data
7.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Which method involves consulting experts to predict a company's performance?
Market Research
Regression Analysis
Moving Average
Delphi Method
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