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    Cost estimation, forecasting and auditing correlations

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    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.)

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    https://brainmass.com/business/business-management/cost-estimation-forecasting-auditing-correlations-502972

    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 ...

    Solution Summary

    This solution explains if it is possible to analyze the correlation between time spent auditing and achieving better audit results.

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