Cost estimation, forecasting and auditing correlations
Not what you're looking for?
The importance of auditing often goes undervalued in many of today's struggling organizations. The appropriate amount of energy has not been applied in checking for accuracy. This causes a miscalculation in the forecasting, leading to poor results. Often times, people are given too much credit for completing the work correctly, therefore there exists a strong need for the auditing process. Do you think that it is possible to analyze the correlation between time spent auditing and achieving better results?
(Answer provided in approximately 100 words.)
Purchase this Solution
Solution Summary
This solution explains if it is possible to analyze the correlation between time spent auditing and achieving better audit results.
Solution Preview
We could definitely analyze the correlation between auditing and the achievement of better results. There really wouldn't be a situation where we couldn't measure the basic results of relationships that have two or more variables. Although ...
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.
Paradigms and Frameworks of Management Research
This quiz evaluates your understanding of the paradigm-based and epistimological frameworks of research. It is intended for advanced students.
Production and cost theory
Understanding production and cost phenomena will permit firms to make wise decisions concerning output volume.
Learning Lean
This quiz will help you understand the basic concepts of Lean.
Basic Social Media Concepts
The quiz will test your knowledge on basic social media concepts.