A Traditional Definition of Internal Control Specifically Includes All of the Following

question 46

Multiple Choice

A traditional definition of internal control specifically includes all of the following features, except

• A) reliability of accounting data.
• B) detection of employee theft.
• C) promotion of operational efficiency.
• D) adherence to prescribed managerial policies.

---

Definitions:

Outliers

Observations in a dataset that fall far outside the range of values of other observations, potentially skewing the results or analysis.

Central Tendency

A statistical measure that identifies a single value as representative of a data set, commonly the mean, median, or mode.

Statistic

A single measure, reported as a number, used to summarize a sample of data.

Central Tendency

A measure that identifies the center of a data set, or where the bulk of the values lie, including mean, median, and mode.