Under the Private Securities Litigation Reform Act, If an Auditor

question 25

Multiple Choice

Under the Private Securities Litigation Reform Act, if an auditor concludes that an illegal act with a material effect on the financial statements has been reported to, but not dealt with by senior management, the auditor should then report his/her conclusions to

• A) The Securities and Exchange Commission
• B) The company's board of directors
• C) The office of the controller/comptroller for the appropriate state
• D) The Federal Bureau of Investigation

---

Definitions:

Census Data

Comprehensive collection of information about population demographics, economic activity, and living conditions, compiled by government surveys.

Group Assignment

The process of allocating participants into different groups, such as experimental or control groups, within a study.

Operational Definitions

Explicit, precise statements about how variables are measured or defined in the context of a research study.

Research Questions

Specific questions that a study seeks to answer, guiding the direction and focus of the research.