Auditing financial statements, looking for errors, anomalies and possible fraud, is most consistent with which type of
Question:
Auditing financial statements, looking for errors, anomalies and possible fraud, is most consistent with which type of analytics?
a. Descriptive analytics
b. Diagnostic analytics
c. Predictive analytics
d. Prescriptive analytics
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (4 reviews)
b Di...View the full answer
Answered By
Jinah Patricia Padilla
Had an experience as an external auditor in Ernst & Young Philippines and currently a Corporate Accountant in a consultancy company providing manpower to a 5-star hotel in Makati, Philippines, Makati Diamond Residences
5.00+
120+ Reviews
150+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Which one of the following compounds is most consistent with the infrared spectrum given in Figure 13.31? Explain your reasoning. CH3 CH2OH Phenol AcetophenoneBenzoic acid Benzyl alcohol
-
Which of the following long - term FCFE growth rates is most consistent with the facts and stated policies of Emerald? A. 5 percent or lower. B. 2 percent or higher. C. 8 percent or higher. Ryan...
-
Tip Top Cleaning does activities in December normally. The transactions that took place in December are as follows: Dec 1 Purchased a cash safe worth RM 2800 for office and employee use. 2 Receive...
-
What is a safe edge on a file?
-
The following information pertains to the pension plan of Beatty Business Group: Note that the information in Columns (2) and (3) are as of the beginning of the year, whereas the information in...
-
Utilize this space for an ongoing conversation about what affected your nation's macroeconomy during the quarters you researched - as well as when & why then. What was happening in the country as the...
-
Environmental accounting systems have been proposed for sovereign nations as well as for companies. Consider how a macro (national) and a micro (company) view of environmental accounting might differ.
-
Manning Inc., is the leading manufacturer of garage doors. Demand for residential garage door sales depends, of course, on the rate of new house building activity, which in turn depends on changes in...
-
5. Mr. Brown, who is risk-averse and prefers to have a higher return for a given level of risk, currently invests $ 1 million on financial market. His portfolio includes three assets: Stock Google,...
-
(a) Prepare the following consolidated financial statements for Year 6: (i) Income statement (ii) Statement of financial position (b) Calculate goodwill impairment loss and profit attributable to...
-
Models associated with regression and classification data approaches all have these important parts except: a. Identifying which variables (well call these independent variables) might help predict...
-
_____ is a discriminating classifier that is defined by a separating hyperplane that works first to find the widest margin (or biggest pipe) and then works to find the middle line. a. Linear...
-
A project has estimated annual net cash flows of $ 12,200 for five years and is estimated to cost $ 39,800. Assume a minimum acceptable rate of return of 12%. Using Exhibit 2, determine (1) The net...
-
A dam is proposed on a stretch of wild river, a river that is currently used for recreation. The dam will generate electricity. The dam will have a useful life of 50 years, after which its reservoir...
-
Dine-Corp International publishes ratings and reviews of the world's finest restaurants. Following are facts you need to prepare Dine-Corp's March bank reconciliation: Balance per company records at...
-
Review the following items and decide if each would be more appropriately classified as: (a) Currency in the petty cash box (b) Postage stamps in a file cabinet (c) The balance on deposit in a...
-
After conducting her analysis of housing prices in Novosibersk, Oxana notes that everyone in her study has exactly the same income, graduated from the same school, and listens to the same music; in...
-
List the most important three factors for you personally when deciding where to shop for clothes.
-
Classify each of the following items as excludable, nonexcludable, rival, or nonrival. Homeland security A Starbucks coffee A view of the Liberty Bell The Appalachian Trail A google Search
-
Portal Manufacturing has total fixed costs of $520,000. A unit of product sells for $15 and variable costs per unit are $11. a). Prepare a contribution margin income statement showing predicted net...
-
After a NBA basketball game a box score is produced detailing the number of points scored, assists made and rebounds retrieved (among other statistics). Using the characteristics of useful...
-
Some would argue that the role of accounting is simply as an information provider. Will a computer ultimately completely take over the job of the accountant? As part of your explanation, explain how...
-
Some would argue that the role of accounting is simply as an information provider. Will a computer ultimately completely take over the job of the accountant? As part of your explanation, explain how...
-
There is a lizard known as the Yellow Spotted Lizard in our proposed project area that was listed as a threatened species under the Endangered Species Act (ESA) on September 2, 2019. The local high...
-
A shark which is a fish and a Cetacea (dolphin and porpoise)which is a mammal. Both species have evolved to live in anaquatic environment. However, if you look closely at theirtails, there is a...
-
Two questions to be answered. 2. A tertiary consumer, such as a red-tailed hawk, receives what percent of the energy fixed by primary producers in a typical field ecosystem? 3. Assuming a 10% trophic...
Study smarter with the SolutionInn App