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Identify key elements of building an effective caatt system

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Reference no: EM132077228

Question: Automated Auditing" Please respond to the following:

• CAATTs can be helpful when dealing with immense amounts of data. However, developing a CAATT system can be time consuming. Argue for or against the use of CAATT systems.

• Identify the key elements of building an effective CAATT system. Elaborate on two (2) challenges faced when designing an effective CAATT system, and suggest possible solutions to these problems.

Reference no: EM132077228

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