Question: One type of descriptive analytics is age analysis. Why are auditors particularly interested in the aging of accounts receivable and accounts payable? How does this

One type of descriptive analytics is age analysis. Why are auditors particularly interested in the aging of accounts receivable and accounts payable? How does this analysis help evaluate management judgment on collect ability of receivables and potential payment of payables? Would a dashboard item reflecting this aging be useful in a continuous audit?

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