An example of prescriptive analytics is when an action is recommended based on previously observed actions. For
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An example of prescriptive analytics is when an action is recommended based on previously observed actions. For example, an analysis might help determine procedures to follow when new accounts are opened for inactive customers, such as requiring supervisor approval. How might this help address a potential audit issue?
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Auditors could offload routine actions to the analytical procedure so they c...View the full answer
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