Which type of question would accountants most likely use data analytics to answer?
A)Posting journal entries.
B)Account reconciliation.
C)Control framework definitions.
D)Collectibility of Loans Receivable.

Question

Quizplus · Accepted Answer

Collectibility of Loans Receivable involves analyzing data to determine the likelihood of receiving payment from borrowers. Data analytics can be used to assess past payment trends, customer history, and other factors that may impact the collectibility of the loans.

Which Type of Question Would Accountants Most Likely Use Data