Auditors General Are Responsible for Auditing Which Types of Organizations

question 56

Multiple Choice

Auditors General are responsible for auditing which types of organizations?

• A)public companies with shares issued to investors
• B)private companies that have loans outstanding to banks or other creditors
• C)ministries,departments,agencies that report to Government
• D)any organization that submits tax returns to the tax authorities

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Definitions:

P-chart

A P-chart is a type of control chart used in quality control to monitor the proportion of defective items in a process over time.

Control Limits

Statistical boundaries set on process control charts that indicate the acceptable range of process variation.

Standard Deviation

A measure of the dispersion or spread of a set of data points from its mean, indicating how much variation exists from the average.

Standard Deviation

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