Which of the following could most likely be performed efficiently with data analytics?
A)Confirmation of accounts payable.
B)Identification of payables from purchases of goods that do not have evidence of receipt of the goods.
C)Identification of unrecorded accounts payable.
D)Review of vendors' statements.

Question

Quizplus · Accepted Answer

Data analytics can efficiently identify payables from purchases of goods that do not have evidence of receipt of the goods by analyzing purchase orders, invoices, and receiving reports. This type of analysis can provide insights into potential fraudulent activities or errors in the purchasing process that may have resulted in payments made for goods that were not received. The other options may also benefit from data analytics, but they may require additional manual work and analysis to confirm or identify potential issues.

Which of the Following Could Most Likely Be Performed Efficiently