Which of the Following Best Describes "Predictive Analytics

question 29

Multiple Choice

Which of the following best describes "predictive analytics"?

• A)It is a method auditors use to predict when managers might have a weak internal control system
• B)It is a technique that uses data stored in data warehouses to create systems that allow managers to use their data to make predictions about future outcomes
• C)It is a method used to prevent managers from overriding internal controls
• D)none of the above

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Definitions:

Mental Speed

The rapidity with which an individual can process information, often associated with cognitive abilities and intelligence.

Working Memory Capacity

The amount of information an individual can hold in their working memory, crucial for reasoning and the guidance of decision-making and behavior.

Raven's Progressive Matrices

A nonverbal group test typically used to measure abstract reasoning and regarded as a good estimate of fluid intelligence.

Intelligence

The ability to acquire and apply knowledge and skills, encompassing a range of cognitive functions including logic, understanding, self-awareness, learning, emotional knowledge, planning, creativity, and problem solving.