Which of the Following Is NOT a Component of Internal

question 32

Multiple Choice

Which of the following is NOT a component of internal control?

• A) Promoting strategic, tactical, and operational efficiency and effectiveness.
• B) The control environment.
• C) Risk assessment.
• D) All of the above are objectives of internal control.

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Definitions:

Coverage Error

A statistical error that occurs when some members of a population are inadequately represented in a sample.

Sampling Frame

A Sampling Frame is a list or database from which a sample, or a smaller group representative of the larger population, is drawn for the purpose of conducting research.

Propensity Models

Statistical scores and algorithms used to predict the likelihood of individuals taking certain actions, like making a purchase or clicking on an ad.

Purchase Conversion

The process of converting website visitors or viewers into paying customers.