37581Class – Please answer the following questions in detail.
1. What is meant by a predictor variable and what is the equivalent concept called in linear regression?
2. What is meant by continuous controls monitoring? In what circumstances does the risk scoring methodology work best?
3. Briefly describe the risk-score approach or the risk-scoring methodology.
4. Does the DIF system include a message of some sort telling IRS auditors which areas were problematic areas on the taxpayer’s tax return?
Note : Your paper should be 900-1,200 words in length. Make sure to follow APA format and include at least three citations of credible or scholarly sources.
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