The Optimal P Value for a True/false Items Is Approximately

question 5

Multiple Choice

The optimal p value for a true/false items is approximately:

• A)0.55.
• B)0.65.
• C)0.75.
• D)0.85.

Recognize the responsibility of management in establishing an effective system of internal control.

Appreciate the objectives of a system of internal control, including the safeguarding of assets.

Understand the importance of maintaining multiple bank accounts for efficiency and better control over cash.

Grasp why systems of internal control are necessary for companies of all sizes.