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All of the following procedures are common uses of audit data analytics in risk assessment procedures except: Multiple Choice analyzing trends in inventory costs. comparing

All of the following procedures are common uses of audit data analytics in risk assessment procedures except:

Multiple Choice

  • analyzing trends in inventory costs.

  • comparing cash collections to sales invoices and discounts in the revenue cycle.

  • identifying sales which did not follow the typical three way match control in the revenue cycle.

  • calculating accounts receivable collection periods by region.

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