Which of the Following Tests Can Be Used to Detect

question 16

Multiple Choice

Which of the following tests can be used to detect register disbursement schemes?

• A) Extract the top 10 employees with the lowest sales activity.
• B) Identify and examine unique journal entries in the cash accounts.
• C) Identify customer sales posted to one credit card and refunds posted to another credit card.
• D) None of the above

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Definitions:

Normally Distributed

Describes a statistical distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean.

Standard Deviation

A measure of the amount of variance or dispersion of a set of values, indicating how much the values in a dataset deviate from the mean.

Margin of Error

A statistic expressing the amount of random sampling error in a survey's results.

Sample Mean

The average value of a set of observations derived from a sample.