This topic contains a solution. Click here to go to the answer

Author Question: What are the benefits of a written data analysis plan? What will be an ideal ... (Read 45 times)

rlane42

  • Hero Member
  • *****
  • Posts: 594
What are the benefits of a written data analysis plan?
 
  What will be an ideal response?

Question 2

One type of ledger account form has a two-balance-column arrangement.
 a. True
   b. False
   Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ryansturges

  • Sr. Member
  • ****
  • Posts: 338
Answer to Question 1

A written data analysis plan (document) is commonly developed that outlines specific tasks and expected time requirements. Recording the plan has several benefits:
. it forces the analyst to explicitly consider constraints;
. it helps the analyst to remain on task, avoiding any unnecessary efforts that consume valuable time and resources;
. it provides a standard against which to monitor the progress of the data analysis; and
. it facilitates a detailed description of the analysis, which is a necessary component for communicating results at the completion of the engagement.

Answer to Question 2

True




rlane42

  • Member
  • Posts: 594
Reply 2 on: Jul 6, 2018
Thanks for the timely response, appreciate it


cassie_ragen

  • Member
  • Posts: 347
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

For a complete list of videos, visit our video library