Audit Data Analytics Can Be Used _______

question 89

Multiple Choice

Audit data analytics can be used _______.

• A)only at the beginning of the audit
• B)at virtually any phase of the audit
• C)only at the end of the audit
• D)by the internal audit function only

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Definitions:

Product Structure Trees

Diagrams that represent the hierarchical relationship between a final product and its raw materials, components, and subassemblies.

Bills-of-Material

A comprehensive list detailing the raw materials, parts, and components needed to manufacture a product, including quantities and specifications.

Closed-Loop MRP

A manufacturing resource planning approach that incorporates feedback mechanisms to adjust and improve planning activities based on actual performance.

Work Centre

A specific physical location where work is performed, often consisting of one or more machines or workstations and the labor force.