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Briefly Explain How a SSAE 16 Report Is Used in Assessing

question 60

Essay

Briefly explain how a SSAE 16 report is used in assessing internal controls of outsourced facilities.


Definitions:

Past Participle

A form of a verb, typically ending in -ed, -d, -t, -en, or -n, used in perfect tenses and as adjectives in English, indicating completed action or time.

Helping Verb

A verb that accompanies a main verb in a sentence to help express its mood, tense, or voice.

Independent Events

Two or more events where the occurrence of one does not affect the probability of the other(s) occurring.

Probability

A numerical representation, between 0 and 1, indicating how likely it is for an event to happen.

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