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The following are possible audit data analytics that an auditor could perform: 1. Analyze the inventory by SKU for a retailer to assess if
The following are possible audit data analytics that an auditor could perform: 1. Analyze the inventory by SKU for a retailer to assess if there is a problem with net realizable value. 2. Develop a mathematical model to estimate retail sales using store square footage. 3. 4. 5. 6. Match employee addresses and customer delivery addresses for potential fraud. Evaluate the revenue recorded for a construction company using percent complete by comparing actual costs with budgeted costs. Perform a detailed analysis of the changes to accounts receivable by customer to segregate new and repeat customers. Perform a three-way match comparing the quantity sold, the purchase order, and the shipping document. (a1) Which of above substantive analytical procedures test the assertion of completeness? Procedures 1, 3, 4 and 6 Procedures 2 and 4 Procedures 1, 2 and 4 Procedures 4, 5 and 6 O Procedures 2 and 3
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