Question 1
This type of algorithm is necessary for making large-scale decisions, but may be difficult due to difficulties in measuring costs, risks, and benefits.
◦ decision nature identification
◦ cost-benefit and risk analyses
◦ problem identification
◦ method of least squares
Question 2
Which of the following is not a prediction of the effect of AI on accountants?
◦ AI and analytics will automate many routine tasks done today by accountants
◦ AI will drive changes in the tax code
◦ many accountants may lose their job
◦ accountants will need to manage AI-based accounting systems