Which of the Following Is Not a Good Example of How

question 8

Multiple Choice

Which of the following is not a good example of how accountants might use data analytics to help evaluate estimates used to value financial statement accounts?

• A)Assess the likelihood and level of expected warranty claims.
• B)Estimate the collectibility of accounts receivable balances.
• C)Automate the order entry process for online customers.
• D)Assess property,plant & equipment values based on current comparable prices.

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Definitions:

Freelance Articles

Freelance articles are pieces of writing created by individuals who are self-employed and not committed to a particular employer long-term.

Commuting Costs

Expenses incurred by individuals when traveling from their residence to their place of work or study and back.

Real Estate Boom

A period during which the prices and demand for real estate significantly rise.

Budget Constraint

Describes the combinations of goods and services that a consumer can purchase given their income and the prices of these goods and services.