Standards Relevant to Operational Auditing Have Been Promulgated by All

question 12

Multiple Choice

Standards relevant to operational auditing have been promulgated by all of the following except the:

• A) Institute of Internal Auditors.
• B) Australian Auditing and Assurance Standards Board.
• C) Australian National Audit Office.
• D) Australian Securities and Investments Commission.

---

Definitions:

Regression Method

A statistical approach for determining the relationship between a dependent variable and one or more independent variables.

Industrial Lathe Sales

The total revenue or the number of transactions related to the sale of industrial lathes, which are machine tools used for shaping materials.

MAD

An abbreviation for Mean Absolute Deviation, which measures the average of the absolute deviations from the mean in a data set.

Double Exponential Smoothing

A forecasting technique that applies two levels of exponential smoothing to capture both the level and trend of a time series data.