Internal Control Is Often Referred to as A(n)________,because It Permeates

question 83

Multiple Choice

Internal control is often referred to as a(n) ________,because it permeates an organization's operating activities and is an integral part of management activities.

• A)event
• B)activity
• C)process
• D)system

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Definitions:

Test-statistic

A value calculated from sample data during a hypothesis test, used to determine whether to reject the null hypothesis.

Right Tailed Test

A statistical hypothesis test where the area of interest is in the right tail of the probability distribution.

Test-statistic

A test statistic is a calculated value from sample data that is used in statistical hypothesis testing to determine whether to reject the null hypothesis.

Degrees of Freedom

Degrees of freedom refer to the number of independent values or quantities which can be assigned to a statistical distribution or in the calculation of statistics, minus the number of independent constraints applied to the data set.