Required: Determine whether each of the following terms is more likely to be associated with exploratory data visualizations or explanatory data visualizations. Term Visualizations in executive summary Scatterplot Visualizations in written report Past time series of data to forecast performance Plotting data to see if it departs from expectations as part of diagnostic analytics Dashboard with dynamic updates to track performance Exploratory or Explanatory Data Visualization

Required: Determine whether each of the following terms is more likely to be associated with exploratory data visualizations or explanatory data visualizations. Term Visualizations in executive summary Scatterplot Visualizations in written report Past time series of data to forecast performance Plotting data to see if it departs from expectations as part of diagnostic analytics Dashboard with dynamic updates to track performance Exploratory or Explanatory Data Visualization

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Concept explainers

Computerized Accounting System

The Computerized Accounting System is generally a system of maintaining accounts using computers. In this method of accounting system, the accounting transactions are processed through the use of hardware and software to generate the reports such as journals, ledgers, trial balance, trading account, P/L accounts, balance and other reports.

Question

Required:
Determine whether each of the following terms is more likely to be associated with exploratory data visualizations or explanatory data
visualizations.
Term
Visualizations in executive summary
Scatterplot
Visualizations in written report
Past time series of data to forecast performance
Plotting data to see if it departs from expectations as part of diagnostic analytics
Dashboard with dynamic updates to track performance
Exploratory or Explanatory Data
Visualization

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