Examlex
Which of the following is/are performed in an audit of internal control over financial reporting?
Level Of Significance
Refers to the threshold under which the null hypothesis is rejected in statistical testing, commonly denoted by alpha (α).
Hypothesis Testing
A statistical method that utilizes sample data to evaluate a hypothesis about a population parameter.
Type II Error
The error that occurs when a statistical test fails to reject a false null hypothesis.
Level Of Significance
The chance of mistakenly denying the null hypothesis in a statistical examination when in fact it is accurate.
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