Is data analytics all it's cracked up to be?

Multiple-choice questions: In order to be awarded CPD units you must answer the following five random questions correctly. If you fail the test, please re-read the article before attempting the questions again

  1. Why is too little data a problem for accountancy firms?

  2. According to research when was most of the data in the world created?

  3. Why is the quantity of data expected to increase significantly in the future?

  4. Why has data analytics technology become so popular?

  5. Why is data analytics so important to organisations?

  6. What other benefits does data analytics software afford companies?

  7. How are accountants using data analytics?

  8. What are some of the stumbling blocks around data analytics?

  9. According to research what kind of ROI can firms get?

  10. What two other benefits did firms since post-implementation?