Duplicate Payments, and Excessive Voids Are Red Flags to Watch

question 48

Multiple Choice

Duplicate payments, and excessive voids are red flags to watch in __________.

• A) Ledger problems
• B) Source documents
• C) Faulty journals
• D) All of the above

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Definitions:

Reliability

How much a testing tool delivers steady and dependable results throughout time.

Validity

The degree to which a notion, conclusion, or measurement is solidly based and accurately reflects reality.

Bias

A tendency to lean in a certain direction, either in favor of or against a particular thing, often in a way that is considered to be unfair.

IQ Test

A formal assessment created to gauge cognitive abilities and the intelligence level of individuals.