In accounting, how does Big Data Analytics contribute to transforming financial reporting and analysis, particularly through techniques such as data mining, predictive modeling, and machine learning? a) By solely relying on traditional spreadsheet - based reporting methods. b) By enabling deeper insights and decision support through advanced data analysis techniques. c) By decreasing reliance on data - driver decision-making processes. d) By neglecting the importance of data quality and accuracy in financial reporting.
In accounting, how does Big Data Analytics contribute to transforming financial reporting and analysis, particularly through techniques such as data mining, predictive modeling, and machine learning? a) By solely relying on traditional spreadsheet - based reporting methods. b) By enabling deeper insights and decision support through advanced data analysis techniques. c) By decreasing reliance on data - driver decision-making processes. d) By neglecting the importance of data quality and accuracy in financial reporting.
Accounting Information Systems
10th Edition
ISBN:9781337619202
Author:Hall, James A.
Publisher:Hall, James A.
Chapter8: Financial Reporting And Management Reporting Systems
Section: Chapter Questions
Problem 4MCQ
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