Which of the Following Must Be Involved in Each Stage

question 53

Multiple Choice

Which of the following must be involved in each stage of systems development to ensure that adequate internal controls are built into the new system as it is designed?

• A)Executives
• B)Internal auditors
• C)External auditors
• D)All of the options are correct.

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Definitions:

Binomial Random Variable

A type of random variable that represents the number of successes in a fixed number of binary experiments.

Binomial Experiment

A statistical experiment that fits the binomial distribution; characterized by fixed number of trials, two possible outcomes per trial, independent trials, and constant probability of success.

Trials

In statistics and research, trials refer to individual attempts or experiments conducted to test a hypothesis or observe outcomes.

Poisson Distribution

A discrete frequency distribution that expresses the probability of a given number of events happening in a fixed interval of time or space.