An Internal Auditor Discovered That Several Unauthorized Modifications Were Made

question 154

Multiple Choice

An internal auditor discovered that several unauthorized modifications were made to the production version of an organization's accounting application. Which of the following best describes this deficiency?

• A) Production controls weakness.
• B) Application controls weakness.
• C) Authorization controls weakness.
• D) Change controls weakness.

Grasp the implication of marketing strategies on economies of scale and customer value.

Identify the requirements for in-depth understanding of target markets in various marketing strategies.

Recognize competitive advantages in a business context.

Understand the framework for identifying competitive advantages through the value chain.

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Definitions:

Standard Error

The standard deviation of the sampling distribution of a statistic, often used in the context of mean.

Point Estimate

A single value or statistic that is used to estimate the parameter of a population.

Confidence Interval

A spectrum of values obtained from sample data, expected to encompass an unknown parameter of the entire population with a certain degree of assurance.

Standard Deviation

A measure of the amount of variation or dispersion in a set of values.