Question
Match the analytics type that we will use to deal with each accounting problem or situation. 1- Find negative numbers that were accounted by error
Match the analytics type that we will use to deal with each accounting problem or situation.
1- Find negative numbers that were accounted by error in a subsidiary of accounts receivable.
A) diagnostic
b)prescriptive
C) descriptive
d) predictive
2- How can an auditor leverage an algorithm to identify and understand areas of risks?
A) diagnostic
b)prescriptive
C) descriptive
d) predictive
3- What are the expected sales, earnings, and cash flows over the next five years?
A) diagnostic
b)prescriptive
C) descriptive
d) predictive
4- Why did the rate of production defects go down this month in comparison with previous periods?
A) diagnostic
b)prescriptive
C) descriptive
d) predictive
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