One type of descriptive analytics is age analysis, which shows how old open accounts receivable and accounts
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One type of descriptive analytics is age analysis, which shows how old open accounts receivable and accounts payable are. How would age analysis be useful in the following situations? Select whether these situations would facilitate Account management, Continuous auditing, or Manual auditing.
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Situation 1. Auditors receive alerts when aging buckets go outside a set range. 2. Auditor tests the aging values and determines whether they are appropriate. 3. Owners determine whether certain accounts should be written off. Type
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Situation Auditors receive alerts when aging buckets ...View the full answer
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