Detection Risk Is a Function of the Effectiveness of the Controls

question 34

True/False

Detection risk is a function of the effectiveness of the controls put into place and their application by client personnel.

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Definitions:

Increasing

A process or trend characterized by a growth or rise in quantity, size, or intensity.

Income Distribution

The way in which a nation’s total income is distributed among its population.

Inequality

A term referring to uneven distribution of income, wealth, opportunities, and social status among different groups in society.

United States

A country primarily located in North America, consisting of 50 states, a federal district, five major self-governing territories, and various possessions.