How can analytical and inferential tools aid in the evaluati
Not what you're looking for?
How can analytical and inferential tools aid in the evaluation of accounting evidence?
Purchase this Solution
Solution Summary
Your tutorial is 224 words. No references.
Solution Preview
Analytical and inferential tools help the auditor to figure out the probability of various events and use those probabilities in reaching conclusions.
By inputting the population characteristics, the statistical software packages use the properties of the normal curve (central limit theorem) to help the auditor pick a large enough ...
Education
- BSc, University of Virginia
- MSc, University of Virginia
- PhD, Georgia State University
Recent Feedback
- "hey just wanted to know if you used 0% for the risk free rate and if you didn't if you could adjust it please and thank you "
- "Thank, this is more clear to me now."
- "Awesome job! "
- "ty"
- "Great Analysis, thank you so much"
Purchase this Solution
Free BrainMass Quizzes
Accounting: Statement of Cash flows
This quiz tests your knowledge of the components of the statements of cash flows and the methods used to determine cash flows.
Organizational Behavior (OB)
The organizational behavior (OB) quiz will help you better understand organizational behavior through the lens of managers including workforce diversity.
Writing Business Plans
This quiz will test your understanding of how to write good business plans, the usual components of a good plan, purposes, terms, and writing style tips.
Situational Leadership
This quiz will help you better understand Situational Leadership and its theories.
Business Ethics Awareness Strategy
This quiz is designed to assess your current ability for determining the characteristics of ethical behavior. It is essential that leaders, managers, and employees are able to distinguish between positive and negative ethical behavior. The quicker you assess a person's ethical tendency, the awareness empowers you to develop a strategy on how to interact with them.