An Element of Internal Control Is

question 172

Multiple Choice

An element of internal control is

• A) risk assessment
• B) journals
• C) subsidiary ledgers
• D) controlling accounts

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Definitions:

Group Means

The average values obtained from the data points of each group or category under examination in a study.

Statistical Significance

Indicating that the observed results are unlikely to occur by chance alone, according to a predetermined threshold of probability.

Null Hypothesis

The hypothesis that there is no significant difference between specified populations, any observed difference being due to sampling or experimental error.

Research Hypothesis

A statement predicting a significant relationship between variables that is tested through research.