Question: solve Chapter 8 Question 5 of 9 O/1 = 3 View Policies Show Attempt History Current Attempt in Progress The following are possible audit data
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Chapter 8 Question 5 of 9 O/1 = 3 View Policies Show Attempt History Current Attempt in Progress The following are possible audit data analytics that an auditor could perform: 1. Analyze the inventory by SKU for a retailer to assess if there is a problem with net realizable value. 2. Develop a mathematical model to estimate retail sales using store square footage. 3. Match employee addresses and customer delivery addresses for potential fraud. Evaluate the revenue recorded for a construction company using percent complete by comparing actual costs with budgeted costs. 5. Performa detailed analysis of the changes to accounts receivable by customer to segregate new and repeat customers. 6. Performa three-way match comparing the quantity sold, the purchase order, and the shipping document.Step by Step Solution
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