Which Three of the Following Are True of Monitoring

question 116

Multiple Choice

Which three of the following are true of monitoring?

• A)Much of the information used in monitoring is produced by the entity's information systems.
• B)Ongoing monitoring procedures are built into the normal recurring activities of the entity.
• C)One of the most common monitoring activities is the internal audit function.
• D)Monitoring excludes information obtained from communications with external parties.

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Definitions:

Analysis of Variance

A statistical method used to compare the means of three or more samples to understand if at least one differs significantly from the others.

Covariation Model

Kelley’s theory of causal attribution – people assign the cause of behaviour to the factor that covaries most closely with the behaviour.

Emotional Lability

The propensity for rapid, often unpredictable changes in emotion.

Correspondent Inference

A theory suggesting that people infer the motives and dispositions of others from observable behaviors, especially if the behaviors are unexpected.