Potential Benefits of an Entity's Controls in an IT Environment

question 101

Multiple Choice

Potential benefits of an entity's controls in an IT environment include all of the following except:

• A) Reduction in the risk that controls will be circumvented.
• B) More accurate accounting estimates.
• C) Consistent application of predefined business rules.
• D) More timely information.

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Definitions:

Population Proportions

The ratio of a specific subgroup's size to the total population size.

Z-value

A uniform measure displaying the number of standard deviations a data point lies away from the average.

Binomial Proportions

The ratios that represent the outcomes of processes that follow binomial distribution, often involving two possible outcomes.

Population Mean

The average value of a population attribute, representing the central point of a data set for the entire population.