Which of the Following Is Not Seen as an Advantage

question 55

Multiple Choice

Which of the following is not seen as an advantage to using generalized audit software (GAS) ?

• A)Auditors can learn the software in a short period of time.
• B)It can be applied to a variety of clients after detailed customizations.
• C)It can be applied to a variety of clients with minimal adjustments to the software.
• D)It greatly accelerates audit testing over manual procedures.

Calculate and interpret quartiles and percentiles of a given data set.

Derive and interpret the interquartile range from a data set.

Identify and analyze outliers in given data distributions.

Understand the construction and interpretation of box and whisker plots.

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Definitions:

Marginal Products

The additional output that is produced by employing one more unit of a specific input, while keeping other inputs constant.

Exponents

mathematical operations denoting how many times a number, the base, is multiplied by itself.

Marginal Products

The increase in output resulting from a one-unit increase in the quantity of a single input, keeping others constant.

Exponents

Mathematical notation indicating the number of times a number (the base) is multiplied by itself.