Question: (LO 3-3) An auditor is trying to figure out if the inventory at an electronics store chain is obsolete. From the following list, identify whether

(LO 3-3) An auditor is trying to figure out if the inventory at an electronics store chain is obsolete. From the following list, identify whether each attribute would be useful for predicting inventory obsolescence or not.

Predictive Attributes 1. Inventory location 2. Purchase date 3. Manufacturer 4. Identified

Predictive Attributes 1. Inventory location 2. Purchase date 3. Manufacturer 4. Identified as obsolete 5. Sales revenue 6. Inventory color 7. Inventory cost 8. Inventory description 9. Inventory size 10. Inventory type 11. Days since last purchase Predictive?

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