Economics · Financial Modelling Audit
Audit checks in a financial model are primarily used to:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Replace the need for external auditors
- 2Ensure the model's outputs are mathematically consistent (e.g., balance sheet balances)✓
- 3Calculate tax liabilities accurately
- 4Generate automated charts and graphs
Correct answer
Ensure the model's outputs are mathematically consistent (e.g., balance sheet balances)
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