Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Self-Test 6-4: Data Analytics Categories 3 tries left Match each data analytics category with its corresponding example. Data Analytics Category Example Basic Statistical Tests A

image text in transcribed
Self-Test 6-4: Data Analytics Categories 3 tries left Match each data analytics category with its corresponding example. Data Analytics Category Example Basic Statistical Tests A terrorist group launches a computer virus aimed at corrupting all transaction data for a corporation by randomly changing the currency of transactions. An internal auditor scans the company's database to see if the transactions appear to be in multiple different currencies. Audit a Sample Visual Inspection A CFO receives a spreadsheet file for review that contains annual pay raises for all company employees. The CFO examines the minimum, maximum, average, and median to make sure the data looks correct before making the final approval for pay increases. A computer engineer performs a complicated merge of data from five different accounting systems of company subsidiaries. To check her work, she randomly selects 50 transactions from each system to validate to make sure the merge worked correctly. An Internal auditor validates the daily changes in customer's accounts receivable balances against daily sales made on accountless cash collected on receivables. Advanced Testing Techniques Clear all

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions

Question

1. What is meant by Latitudes? 2. What is cartography ?

Answered: 1 week ago

Question

1. Does your voice project confidence? Authority?

Answered: 1 week ago