Question: (LO 6-3) Match the analytics question to the following predictive and prescriptive analytics techniques. Classification Regression Probability Sentiment analysis What-if analysis Artificial Intelligence Analytics Question

(LO 6-3) Match the analytics question to the following predictive and prescriptive analytics techniques.

Classification Regression Probability Sentiment analysis What-if analysis Artificial Intelligence

Analytics Question 1. Which companies are predicted to go bankrupt and which

Analytics Question 1. Which companies are predicted to go bankrupt and which are not? 2. Out of the group classified to go bankrupt, which ones have the highest likelihood of going bankrupt? 3. How can an auditor leverage algorithms to quickly identify and understand areas of risk? 4. Does management exhibit bias in the management, discussion, and analysis section of the financial statements? 5. If I cannot rely on internal controls, what additional substantive testing do I need to perform? Predictive or Analysis Prescriptive? Technique

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