IDSs Tend to Issue Many False Negatives

question 53

True/False

IDSs tend to issue many false negatives.

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Definitions:

Dissimilar

Pertaining to things that are not alike or have no likeness or similarity.

Immaterial

Refers to the insignificance of information or amounts that would not influence the decision-making process of users of financial statements.

Aggregation

involves the process of combining multiple pieces of data or information to form a summary or a whole, used extensively in statistics, data analysis, and reporting.

Non-Current

Refers to assets or liabilities expected to be settled, realized, or fully appreciated over a period longer than the company's next fiscal year.