Which of the Following Is the Clearest Example of a Detection

question 38

Multiple Choice

Which of the following is the clearest example of a detection control?

• A) The company only accepts customer orders after it has checked that their credit card numbers are valid.
• B) Once each year, the company examines its payroll records and looks for employees who have been paid a very large amount of overtime pay.
• C) The company keeps its warehouse locked at night.
• D) The company only allows certain high-level employees to approve payments to suppliers.

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Definitions:

Population Parameter

A numerical value that describes a characteristic of a population, such as mean, standard deviation, proportion, etc., usually estimated through samples.

Larger Sample Sizes

Refers to increasing the number of observations in a study to improve the reliability and validity of statistical inferences.

Unbiased Estimators

Statistical estimators that, on average, hit the true parameter value of a population, not systematically overestimating or underestimating it.

Variance

A statistical measure of the distribution's spread, variance quantifies how much the numbers in a data set differ from the mean (or average) of that set.