Question

OLAP tools are uniquely positioned to analyzing big data because of their ad hoc flexibility and...

OLAP tools are uniquely positioned to analyzing big data because of their ad hoc flexibility and ability to handle very large data sets.

True

False

Financial statements are ________ in nature.

a.

Prescriptive

b.

Directive

c.

Descriptive

d.

Predictive

Mainstream spreadsheet and database software, such as Excel and Access, are often sufficient for analyzing the variety and volume presented by big data.

True

False

Information systems auditors are:

a.

All of the these

b.

Auditors who are concerned with analyzing risks associated with computerized information systems

c.

Individuals who often work closely with financial auditors

d.

Auditors who have a lot of technical expertise related to information technology

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Answer #1

Ans 1) statement is TRUE : OLAP tools are uniquely positioned to analyzing big data because of their ad hoc flexibility and ability to handle very large data sets.

Ans 2) correct answer is option : a. perspective - Financial statements are perspective in nature.

Ans 3) Statement is true : Mainstream spreadsheet and database software, such as Excel and Access, are often sufficient for analyzing the variety and volume presented by big data.

Ans 4) correct answer is option : a – All of above .

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