FASB Statement No. 117 directs that revenues and expenses be reported in a statement of financial position. 2.            In the statement of activities, FASB Statement No. 117 requires revenues to be reported as increases in one of the three categories of net assets, depending on donor-imposed restrictions; however, all expenses […]

Governments must combine their blended component units into both the fund and government-wide statements.   2.            Governments must combine their discretely presented component units into both the fund and the government-wide statements.              3.            A related organization is a contractual […]

Per GASB Statement No. 34, permanent funds are classified as fiduciary funds.   2.            In accounting for permanent funds only the income can be spent; the principal must be preserved intact.   3.            Fiduciary funds focus on current financial resources and use the full accrual […]

In both the fund statements and the government-wide statements, business-type activities and internal service funds are on a full accrual basis, and their measurement focus is on all economic resources.   2.            The operating statement required as one of the three basic financial statements for proprietary funds is called the […]

Which of the following assets is not properly classified as property, plant, and equipment?   A truck held for resale by an automobile dealership   Land improvements, such as parking lots and fences   A building used as a factory   Land used in ordinary business operations   One characteristic of a plant asset is […]

How does prescriptive analytics relate to descriptive and predictive analytics? Provide a specific example of each analytic and a type of problem it can routinely solve.   DQ2 What is a decision tree? How can a complex problem be solved by using a decision tree? Explain how linear programming (LP) can solve allocation problems. Provide […]

What does it mean to induce structure into the text-based data? Discuss the alternative ways of inducing structure into text-based data. Provide an example of the benefits of inducing structure into text-based data.   DQ2 What is natural language processing (NLP)? Describe the role of (NLP) in text mining? Discuss the capabilities and limitations of […]

Discuss the main data mining methods. What are the fundamental differences among them? Provide a personal example where you have utilized one or more of these types of data mining methods in your career or academic track.   DQ2 What is the main difference between classification and clustering? Explain these differences using concrete examples.

Explain the data warehouse key architectures and describe two or three benefits. Why is web accessibility important with a data warehouse? Provide a specific example to support your rationale.   DQ2 Business process management (BPM) encompasses five basic processes: strategize, plan, monitor, act, and adjust. Select one of these processes and discuss the types of […]

Considering the new and broad definition of business analytics, what are the main inputs and outputs to the analytics continuum?   DQ2 What are the main categories of data? What types of data can be used for BI and analytics? Provide a personal example where you have utilized these types of data in prior analysis […]