Which of the Following Statements Is True

question 24

Multiple Choice

Which of the following statements is true?

• A) Monetary unit sampling is more likely to pull accounts with small balances.
• B) Monetary unit sampling allows auditors to evaluate account balances.
• C) Prescriptive analytics attempts to find hidden patterns or variables.
• D) Predictive analytics uses machine learning and artificial intelligence.

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Definitions:

Steady State

A condition where the variables (such as concentration of substances) in a system remain constant over time despite ongoing processes that attempt to change them.

Homeostatic Response

The process by which organisms regulate internal conditions, such as temperature and pH, to maintain a stable internal environment.

Set Point

The target value that a system regulates towards, such as the human body's regulation of temperature or glucose levels.

Stressor

Any biological, chemical, physical, or psychological factor that causes stress or strain to an organism.