Failing to Detect a Fraudulent or Erroneous Transaction Is an Example

question 12

Multiple Choice

Failing to detect a fraudulent or erroneous transaction is an example of which type of risk?

• A)Control
• B)Inherent
• C)Detection
• D)Completeness

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Definitions:

Résumés

A summary of a person's education, qualifications, and previous experience, typically sent with a job application.

Job Description

A formal account of an employee's responsibilities, duties, and the scope of a particular job, often used for hiring and evaluating performance.

Valid

Legally sound, effective, or binding; meeting the necessary requirements or criteria.

Independent Variable

A variable in statistical analysis that is manipulated or categorized to observe its effect on a dependent variable.