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A speaker’s ethical obligations decrease as the size of the audience decreases.

As more users engage in online activity, more data circulates and more information is collected by outside entities. In the United States, there are laws that govern the collection of information rather than a single comprehensive policy or agency. Which of the following is an example of a law that governs personal information collection by banks or financial institutions?

Hopalong Hot Dog Stand had the following results last month: Sales revenues were $6,000, variable costs were $3,000, and fixed costs were $1,500 per month. If Hopalong wants to achieve a targeted operating income goal of $3,000 next month, how much in total sales revenue will be required?

The management at Gellar Corp. is compiling data for their data analytics team. Gellar is a factory that produces gummy bear candy, and they are very interested in what changes can be made in the next few years to reduce costs. What specific technique could be utilized to evaluate various scenarios that management may envision happening?

A public university has been evaluating its admissions policies and procedures. The university has recently seen a downturn in enrollment, and the university’s leadership does not entirely understand why this happened. The university has not changed or updated their admissions decision-making processes in years. The current process uses an algorithm based on data available years ago to do enrollment modeling. What change or changes could they make to try to increase the number of enrollments?

Cynthia has been working at her current job for a little more than two years as a customer service representative. She has expressed interest in obtaining more job responsibilities and is seeking out ways that she could be promoted to a management role. She knows one thing she could do would be to assist with a new marketing campaign. If the campaign targets attracting new customers, then what would her best source of data be?

Decision-making involving data analytics includes a five-step process. Which of the following best outlines what happens in the Gain Insight steps?

As companies integrate data analytics and shift their focus towards the future, they will need to utilize predictive analytics. This kind of analytics uses both historical data and statistical models to predict future outcomes. If a company is interested in looking more closely at its sales department, then what is an appropriate question to answer using predictive analytics?

Counters and Green, CPAs, LLP had revenues last month of $46,000 with the only variable costs consisting of 100 hours of staff labor at $130 per hour and 50 hours of partner-level labor at $200 per hour. Fixed costs are $120,000 for the year. Based on this information, which of the following statements about last month’s results is correct?

Pergola Industries currently produces 1,000 units of a part needed for its product, incurring the following costs:Direct Materials$25,000Direct Labor8,000Variable Overhead16,000Fixed Overhead9,000If Pergola Industries purchases the component externally, $4,000 of the fixed costs can be avoided. Below what external price per unit for the 1,000 units would Galley choose to outsource (buy) instead of insource (make)?