The use of data analytics has been developing. It is mainly used in external financial statement auditing and in internal auditing. Data analytics has the potential to transform external auditing as it changed internal auditing. To ascertain: The way of data analytics tools could be used in the audit of automated accounts receivable system.

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Answer 1

Question

Chapter 9, Problem 41RQSC

To determine

Introduction: The use of data analytics has been developing. It is mainly used in external financial statement auditing and in internal auditing. Data analytics has the potential to transform external auditing as it changed internal auditing.

To ascertain: The way of data analytics tools could be used in the audit of automated accounts receivable system.

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Answer 2

Question

Chapter 9, Problem 41RQSC

To determine

Introduction: The use of data analytics has been developing. It is mainly used in external financial statement auditing and in internal auditing. Data analytics has the potential to transform external auditing as it changed internal auditing.

To ascertain: The way of data analytics tools could be used in the audit of automated accounts receivable system.

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Answer 3

Question

Chapter 9, Problem 41RQSC

To determine

Introduction: The use of data analytics has been developing. It is mainly used in external financial statement auditing and in internal auditing. Data analytics has the potential to transform external auditing as it changed internal auditing.

To ascertain: The way of data analytics tools could be used in the audit of automated accounts receivable system.

Expert Solution & Answer

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Answer 4

Question

Chapter 9, Problem 41RQSC

To determine

Introduction: The use of data analytics has been developing. It is mainly used in external financial statement auditing and in internal auditing. Data analytics has the potential to transform external auditing as it changed internal auditing.

To ascertain: The way of data analytics tools could be used in the audit of automated accounts receivable system.

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Answer 5

Chapter 9, Problem 41RQSC

To determine

Introduction: The use of data analytics has been developing. It is mainly used in external financial statement auditing and in internal auditing. Data analytics has the potential to transform external auditing as it changed internal auditing.

To ascertain: The way of data analytics tools could be used in the audit of automated accounts receivable system.

Answer 6

Chapter 9, Problem 41RQSC

To determine

Introduction: The use of data analytics has been developing. It is mainly used in external financial statement auditing and in internal auditing. Data analytics has the potential to transform external auditing as it changed internal auditing.

To ascertain: The way of data analytics tools could be used in the audit of automated accounts receivable system.

Answer 7

Chapter 9, Problem 41RQSC

To determine

Introduction: The use of data analytics has been developing. It is mainly used in external financial statement auditing and in internal auditing. Data analytics has the potential to transform external auditing as it changed internal auditing.

To ascertain: The way of data analytics tools could be used in the audit of automated accounts receivable system.

Answer 8

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Answer 9

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Answer 10

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Answer 11

Ch. 9 - In the revenue cycle, the most significant...Ch. 9 - Which of the following statements is true...Ch. 9 - Prob. 4CYBK Ch. 9 - Prob. 7CYBK Ch. 9 - Prob. 8CYBK Ch. 9 - Prob. 9CYBK Ch. 9 - Prob. 10CYBK Ch. 9 - Prob. 11CYBK Ch. 9 - Prob. 12CYBK Ch. 9 - Prob. 13CYBK

Solution Summary: The author explains that data analytics has the potential to transform external and internal auditing. It includes inventory ageing, Analyses of revenue trends, Compare the purchase and selling time, and Confirmation requests.

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Chapter 9 Solutions