Which of the Following Controls Can Minimize the Threat of Errors

question 42

Multiple Choice

Which of the following controls can minimize the threat of errors in processing payroll?

• A)Redepositing unclaimed paychecks and investigating cause.
• B)Issuing earnings statements to employees.
• C)Using biometric authentication.
• D)Conducting criminal background investigation checks of all applicants for finance related positions.

---

Definitions:

Levels Of Significance

A threshold in hypothesis testing that determines the probability at which the null hypothesis is rejected, often denoted by alpha.

P-value

The probability of obtaining test results at least as extreme as the observed results, assuming that the null hypothesis is true.

Test Statistic

A calculated value from sample data that is used in a hypothesis test to determine whether to reject the null hypothesis, based on the likelihood of observing the sample data under the null hypothesis.

Yearly Rate

The amount, level, or number of something calculated or represented over a period of one year.