- 1 Marks
FA – Nov 2023 – L1 – SA – Q14 – Roles of Accountants in Business and the Economy
Explain how data analytics assists in uncovering information.
Question
How does the application of Data Analytics assist in uncovering hidden information from a dataset?
- A. By using encryption methods to protect sensitive data
- B. By automating data entry processes to reduce human errors
- C. By applying statistical methods and modeling to identify trends, patterns, and insights
- D. By generating visualisations for data representation and presentation
- E. By providing cloud storage for secure data management
Find Related Questions by Tags, levels, etc.
- Tags: Accounting Operations, Data Analytics, Insights
- Level: Level 1
- Topic: Roles of Accountants in Business and the Economy
- Series: NOV 2023
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