Objective of the Audit Data Analytics (ADA). In addition to other risk assessment procedures related to occurrence, completeness, and accuracy of sales, we performed audit data analytics to help us determine whether we needed to modify our current risk assessment. The primary objective of this test was to help identify whether there were any unusual (or unexpected) changes in revenue or sales mix from prior years that may affect our current risk assessment related to occurrence, completeness, and accuracy of sales and related response to that risk. Furthermore, we will determine whether significant declines in sales indicate potential issues with inventory valuation (as a result of obsolescence) or the completeness of warranty.provisions (if the declines are due to quality issues). Choose an option below: [Original text] Furthermore, we will determine whether significant declines in sales indicate potential issues with existence of fixed assets (as a result of obsolescence) or the completeness of warranty provisions (if the declines are due to quality issues). [Delete Text] Furthermore, we will determine whether significant declines in sales indicate potential issues with existence of inventory (as a result of obsolescence) or the completeness of warranty provisions (if the declines are due to quality issues). Furthermore, we will determine whether significant declines in sales indicate potential issues with fixed asset valuation (as a result of obsolescence) or the completeness of warranty provisions (if the declines are due to quality issues). Furthermore, we will determine whether significant declines in sales indicate potential issues with inventory valuation (as a result of obsolescence) or the completeness of warranty provisions (if the declines are due to quality issues). Furthermore, we will determine whether significant declines in sales indicate potential issues with inventory valuation (as a result of obsolescence) or the rights and obligations of warranty provisions (if the declines are due to quality issues). Data Population The revenue data is derived from the client's general ledger and the units sold for each copier for the four years were obtained from the company's database, which were both accessed using audit software. Techniques, Tools, Graphics, and Tables Used We decided to use the following graphics: - A graphic showing revenue over the past four years. - A graphic showing trends in sales of each type of copier. As expected, revenue for the first three quarters of the current year is less than the previous year's due to the labor strike. Choose an option below: [Original text] As expected, revenue for the first three quarters of the current year is less than the previous year's due to the new debt acquired. [Delete Text] As expected, revenue for the first three quarters of the current year is more than the previous year's due to the new debt acquired. As expected, revenue for the first three quarters of the current year is the same as the previous year's due to new debt acquired. As expected, revenue for the first three quarters of the current year is less than the previous year's due to the labor strike. As expected, revenue for the first three quarters of the current year is more than the previous year's due to the labor strike. As expected, revenue for the first three quarters of the current year is the same as the previous year's due to labor strike. In the final quarter, revenue approximates last year's levels. Evaluation of the results The performance of the ADA confirmed our directional expectations and were consistent with the results of our other risk assessment procedures related to occurrence, completeness, and accuracy of revenue. As a result, we decided to increase the risk of material misstatement related to occurrence, completeness, and accuracy of revenue. Choose an option below: [Original text] As a result, we did not modify the current risk of material misstatement related to occurrence, completeness, and accuracy of revenue. [Delete Text] As a result, we decided to increase the risk of material misstatement related to occurrence, completeness, and accuracy of revenue. As a result, we decided to decrease the risk of material misstatement related to occurrence, completeness, and accuracy of revenue. As a result, we decided to increase materiality related to occurrence, completeness, and accuracy of revenue. As a result, we decided to decrease materiality related to occurrence, completeness, and accuracy of revenue. There were some significant changes in sales mix in Year 4 that we did not originally anticipate based on our other risk assessment procedures. We increased the assessed risk related to the valuation of inventory due to the significant declines in Copier 100A, 200B, and 300A in Year 4. Choose an option below: [Original text] We increased the assessed risk related to the valuation of fixed assets due to the significant declines in Copier 100A and 200A in Year 4. [Delete Text] We increased the assessed risk related to the valuation of inventory due to the significant declines in Copier 100A, 200B, and 300A in Year 4. We increased the assessed risk related to the valuation of inventory due to the significant declines in Copier 100A and 300A in Year 4. We increased the performance materiality related to the valuation of inventory due to the significant declines in Copier 100A, 200B, and 300A in Year 4. this with an increase in sample size. In addition, based on the reason for the declines in sales, we decided there was no need to modify the risk of material misstatement related to the completeness of warranty_provisions. Choose an option below: [Original text] In addition, based on the reason for the decline in sales, we decided to increase the risk of material misstatement related to the completeness of warranty provisions. [Delete Text] In addition, based on the reason for the declines in sales, we decided to decrease the risk of material misstatement related to the completeness of warranty provisions. In addition, based on the reason for the declines in sales, we decided there was no need to modify the risk of material misstatement related to the completeness of warranty provisions. In addition, based on the reason for the declines in sales, we decided to increase audit risk. In addition, based on the reason for the declines in sales, we decided to decrease audit risk. E-mail to Audit Senior From: controller@auditfirm.com Sent: July 15, Year 4, 5:55 p.m. To: auditsenior@auditfirm.com Subject: Updates Audit Senior, I wanted to let you know that the labor strike in our California manufacturing building, which has caused significant declines in sales this year, is over as of today. The labor strike started back in February Year 4 , so I am happy that we have come to an agreement. I also have exciting news! Copier 400X was featured on the front cover of Business Equipment Magazine in the June Year 4 issue. We released Copier 400X, our newest copier, in quarter 2 of Year 4 . Copier 400X is our best seller and we are finding that customers are selecting this copier over some of our prior models because of the innovative features. Also, we obtained new debt as of July Year 4 . I will provide you with those details in a subsequent email. Regards, Controller Revenue Chart Revenue by Quarter Volume of Copiers Sold by Type-Years 1 Through 4 Copler 200A 20 Copler 2008 20 Copler 300A 20 Copler 3008 Copier Information Sheet