Data analytics has become a very high-demand skill for employees regardless of their industry. The goal of decision makers continues to gravitate towards increasing data accessibility and usability with an overall goal of making more data-informed decisions. Within the cost accounting sphere, outcomes achieved are divided into four areas. Which of the following a correct list of those areas?
A) Eliminating non-value-added activities, managing supply chain, escalating performance, forming strategies
B) Eliminating non-value-added activities, managing supply chain, evaluating performance, forming strategies
C) Eliminating non-value-added activities, managing supply link, evaluating performance, forming strategies
D) Eliminating value-added activities, managing supply chain, evaluating performance, forming strategies

Question

Quizplus · Accepted Answer

This question requires familiarity with data analytics and the four areas that businesses may use data analytics in. Choice B is correct because it is a correct list of all four areas without any modifications. The remaining choices are incorrect because each contains at least one incorrect modification.

Data Analytics Has Become a Very High-Demand Skill for Employees