A Hierarchical Block Diagram Shows the Subsystems of an Accounting

question 6

True/False

A hierarchical block diagram shows the subsystems of an accounting system and the direction of the information flows among the subsystems.

---

Definitions:

Significance Level

The significance level, often denoted as alpha, is the threshold used to determine the statistical significance of an observed effect, typically set at 0.05 or 5%.

Robust

Referring to a system or model's ability to effectively operate or provide accurate results under varying conditions or assumptions.

Randomized Design

An experimental design in which subjects are randomly allocated to different groups to ensure that each has an equal chance of receiving any of the treatments.

Population Variances

The variances of different populations, measuring the dispersion of a set of values relative to their mean.