There Are Six Objectives of an AIS Audit

question 4

Multiple Choice

There are six objectives of an AIS audit.The objective that pertains to source data being processed into some form of output is

• A)Objective 1: overall security.
• B)Objective 2: program development.
• C)Objective 3: program modifications.
• D)Objective 4: processing.

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Definitions:

Standard Deviation

A statistical measure of the dispersion or variability in a set of data, often used in finance to quantify the risk associated with a security or investment portfolio.

Coefficient Of Variation

A standardized measure of the dispersion of a probability distribution or frequency distribution, used to assess risk relative to expected returns.

Beta

Beta is a measure of a stock's volatility in relation to the overall market, indicating its risk relative to the market average.

Required Return

The smallest annual return percentage required to motivate persons or firms to allocate funds into a certain security or initiative.