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The AICPA Trust Principles Failed to Include Any Reference to the Internal

question 83

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The AICPA Trust Principles failed to include any reference to the internal control structure of the IT systems.


Definitions:

Insignificant Variables

Variables in a statistical model that do not significantly influence the outcome of the model.

Step-wise Regression

A method of fitting regression models in which the choice of predictive variables is carried out by an automatic procedure.

Bonferroni Criterion

A statistical correction method used to address the problem of multiple comparisons by lowering the threshold for statistical significance.

Substantial Bias

An evident prejudice or tendency that significantly affects the outcome of a study or analysis.

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