Multiple Choice
Which of the following best describes "predictive analytics"?
A) It is a method auditors use to predict when managers might have a weak internal control system
B) It is a technique that uses data stored in data warehouses to create systems that allow managers to use their data to improve performance
C) It is a method used to prevent managers from overriding internal controls
D) none of the above
Correct Answer:
Verified
Correct Answer:
Verified
Q7: Most AISs perform all of these functions
Q10: In a responsibility accounting system,every person within
Q11: Which of the following is true about
Q16: Bernard Madoff is most closely associated with
Q19: Predictive analytics use large data warehouses to
Q23: The process by which a financial transaction
Q31: An example of an assurance service for
Q48: The series of steps leading from data
Q67: One major difference between financial accounting and
Q87: Which of these would be considered suspicious