Data Analytics For Accounting
Data Analytics For Accounting
19th Edition
ISBN: 9781260375190
Author: RICHARDSON, Vernon J., Teeter, Ryan, Terrell, Katie
Publisher: Mcgraw-hill Education,
Question
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Chapter 5, Problem 5P
To determine

Identify the approach a company uses when the continuous audit system has too many alarms which are false positives. In addition, explain the reasons for approach that would change when there are too many missed abnormal events of false negatives.

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