Which of the Following Is Not One of the Operating

question 2

Multiple Choice

Which of the following is not one of the operating benefits provided by a strong system of internal controls?

• A) Streamlining accounting and financial information systems.
• B) Improving the company's financial activities.
• C) Identifying procedures that are not cost effective.
• D) Isolating transactions that generate significant profits or losses.

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Definitions:

Regression Analysis

A statistical method for modelling the relationship between a dependent variable and one or more independent variables.

Error Variable

A random variable that represents the difference between a predicted value and the observed actual value in statistical models.

Pearson Coefficient

A statistic that quantifies the linear relationship between two datasets, reflecting the degree to which they move together.

Gas Mileage

A measure of a vehicle's fuel efficiency, usually expressed in miles per gallon (mpg) or kilometers per liter (km/l).