Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

when identifying and assessing inherent risk through the use of audit data analytics, what type of analytic would an auditor most likely perform first? A.

when identifying and assessing inherent risk through the use of audit data analytics, what type of analytic would an auditor most likely perform first?

A. Detail analysis of specfic sales transactions

B. Dimension anlaysis of sales transactions by region

C. Trend analysis of sales by month

D. Comparison of sales revenue to prior period and expectations.

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

Managerial Accounting Tools For Business Decision Making

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, Ibrahim M. Aly

5th Canadian Edition

ISBN: 1119403995, 9781119403999

More Books

Students also viewed these Accounting questions

Question

Describe the criteria for an effective budget.

Answered: 1 week ago

Question

1. Too understand personal motivation.

Answered: 1 week ago