Study Unit 6 - Data Gathering & Data Analysis

Question 1

5 Disadvantages of Questionnaires

Answer 1

1. Difficult to prepare
2. Time consuming
3. Clients may anticipate preferred responses.
4. Not all circumstances are addressed
5. Less effective than interviewing.

Question 2

Analytical procedures are useful in identifying:

Answer 2

1. Unexpected differences
2. Absence of differences when they are expected
3. Potential errors
4. Potential fraud or illegal acts
5. Other unusual transactions or events.

Question 3

Types of Analytical Procedures