Statements on Standards for Accounting and Review Services (SSARS) Are

question 42

Multiple Choice

Statements on Standards for Accounting and Review Services (SSARS) are issued by the

• A) Accounting and Review Services Committee.
• B) Professional Ethics Executive Committee.
• C) Securities and Exchange Commission.
• D) Financial Accounting Standards Board.

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Definitions:

Difference

The quantitative discrepancy or deviation between two values or sets of data.

Two-tail Test

A statistical test that considers both the directions of a possible effect, testing for the possibility of positive or negative deviations from the null hypothesis.

Sample Variances

A measure of the dispersion or variability within a sample data set, which indicates how much the sample elements differ from the sample mean.

Test Statistic

A standardized value that is calculated from sample data during a hypothesis test. It's used to determine whether to reject the null hypothesis.