According to the Text, PWC, a Big 4 Accounting Firm

question 36

Multiple Choice

According to the text, PWC, a Big 4 accounting firm, asks its auditors to develop all of the following skills except the ability to:

• A) research and identify anomalies and risk factors in underlying data
• B) mine new sources of data
• C) process-mine using new data analysis techniques and algorithms
• D) identify questions that will impact accounting estimates

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Definitions:

Older Patient Records

Historical medical documentation pertaining to an individual patient, which may include medical history, treatments, and outcomes from previous healthcare encounters.

Insurance Records

Documents that contain details of insurance policies, coverage, claims, and other related information for individuals or entities.

Medical Offices

Facilities where health care providers offer diagnosis, treatment, and follow-up care to patients.

Inspecting

The process of carefully examining or scrutinizing something or someone to ensure compliance with standards, rules, or conditions.