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EAM's Allow Auditors to Identify Significant Transactions for Substantive Testing

question 26

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EAM's allow auditors to identify significant transactions for substantive testing.


Definitions:

Staffing Needs

The identification and evaluation of requirements for current and future personnel to meet the organizational objectives.

Skill Levels

Categories or gradations of competence or expertise required to perform tasks in jobs, ranging from low to high complexity.

Artificial Intelligence

A software-based ability to demonstrate learning and decision making.

HR Forecasts

Predictions made by the Human Resources department regarding future staffing needs, based on analysis of trends and organizational goals.

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