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Practice ACCA ACCA MA — Management Accounting Practice Exam 1Question 02

Medium2 marksMultiple Choice

Syllabus A: Nature, source and purpose of management informationBig DataInformation Technology

ACCA · Question 02 · Syllabus A: Nature, source and purpose of management information

AeroSpace Imaging Inc. processes terabytes of satellite imagery daily to provide real-time agricultural yield predictions.

Which of the following are recognized characteristics (the 'V's) of Big Data that apply to this scenario? (Select all that apply)

Answer options:

Volume

Velocity

Verification

Variety

How to approach this question

Recall the standard 3, 4, or 5 'V's of Big Data: Volume, Velocity, Variety, Veracity, Value.

Full Answer

Big Data is typically characterized by Volume (large amounts of data), Velocity (speed of data generation and processing), and Variety (different formats like images, text, numbers). Veracity and Value are also often included, but Verification is not a standard term in this context.

Common mistakes

Selecting 'Verification' instead of 'Veracity'.

Question 01 All questions Question 03

Practice the full ACCA MA — Management Accounting Practice Exam 1

38 questions · hints · full answers · grading

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