Please answer the following three points in your own words each in 150 words.

1) Data analysis in audit has also few problems that needs to be taken Care. like Inaccessibility of data, Reliability of data, Format or Structure of data, Relevant technical competence

2) data analytics to perform audits such as NRV testing like comparing the last time an inventory item was purchased with the last time it was sold and at what price. Also, analysis of revenue trends by product and region, matching purchase orders to invoices and payments .

3)

Data Analytics is concerned, it can improve the Audits in various ways like It can examine the complete Data sets instead of just focusing on samples, Giving review proof through extensive investigation of associations' overall record frameworks