Question

1.6 In the SUA case, what are the names of the three documents matched before a check is issued to a vendor for payment on account?

Multiple Choice

• receiving report, approved purchase order and vendor invoice

• approved time card, receiving report and approved purchase order

• bill of lading, time card and receiving report

• approved purchase order, bill of lading and vendor invoice

2. 11

Which type of analysis assists with understanding what is happening right now

Multiple Choice

• Prescriptive analysis

• Descriptive analysis

• Predictive analysis

• Diagonostic analysis

3.10

Segregation of duty is a:

Multiple Choice

• detective control.

• preventive control.

• personnel general control.

• corrective control.

4.16

Which term is used to describe the science of examining raw data, removing excess noise from the dataset, and organizing the data with the purpose of drawing conclusions for decision making?

Multiple Choice

• Audit Analytics

• Data Analytics

• Extract, transform, and load

• Big data

Answer 1

Solution 1:

Three documents that should be matched before a check is issued to a vendor for payment on account is "receiving report, approved purchase order and vendor invoice"

Hence first option is correct.

solution 2:

Descriptive analysis assists with understanding what is happening right now.

Hence 2nd option is correct.

Solution 3:

Segregation of duty is a "Preventive control"

Hence 2nd option is correct.

Solution 4:

Data Analytics term is used to describe the science of examining raw data, removing excess noise from the dataset, and organizing the data with the purpose of drawing conclusions for decision making.

Hence 2nd option is correct.