Question: Analytics mindset BioPhirma Part 1: Ask the right questions Required: Review the P-card policies for BioPhirma (see Appendix A). Review the information provided about the

Analytics mindset BioPhirma Part 1: Ask the right questions Required: Review the P-card policies for BioPhirma (see Appendix A). Review the information provided about the basics of fraud investigation text analytics (see Appendix B). Complete the table below providing the following: Identify at least three risks BioPhirma faces related to its P-card transactions wherein it has put a control in place to address the risk. Identify the controls it has implemented around these risks. Identify which type of data analysis, if any, you could perform to test the controls you have identified.

Risk Control Data analysis

Identify at least one recommendation to make to BioPhirmas management about an additional control or process change to consider implementing to address risks related to its P-card transactions.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!