Increased Operational Responsiveness Is Directly Related to Information Technology

question 5

True/False

Increased operational responsiveness is directly related to information technology.

Understand the role and impact of technology in enhancing internal control.

Distinguish between suitable and unsuitable practices in internal control.

Grasp the concept of liquidity and its relevance to a company's financial health.

Understand the procedures and significance of controlling cash receipts and payments.

---

Definitions:

Confounding Variables

Factors other than the independent variable that may cause a result, making it difficult to establish a clear causal relationship.

Independent Variable

A variable that is manipulated or changed by the researcher to observe its effect on the dependent variable.

Curvilinear Relationship

A type of relationship between two variables where the change in the outcome variable does not happen in a straight-line manner with changes in the predictor variable.

Factorial Designs

Experimental setups that allow researchers to examine the effects of two or more independent variables on a dependent variable simultaneously.