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.

Question

Quizplus · Accepted Answer

Automating the order entry process for online customers does not relate to the evaluation of estimates used to value financial statement accounts. The other options all involve using data analytics to assess or estimate the value of financial statement accounts.

Which of the Following Is Not a Good Example of How