Question: 4.Simple to complex Data Analytics can be applied to a client's data during the planning stage of the audit to identify which areas the auditor
4.Simple to complex Data Analytics can be applied to a client's data during the planning stage of the audit to identify which areas the auditor should focus on. Which types of techniques or tests might be used in this stage?
5. What approach should a company make if its continuous audit system has too many alarms that are false positives? How would that approach change if there are too many missed abnormal events (such as false negatives)?-
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