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Normally,an Auditor Can Gain an Understanding of Internal Controls by Means

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Normally,an auditor can gain an understanding of internal controls by means of a walkthrough of the process,inquiry,observation,and review of the client's documentation.


Definitions:

Strength Of Association

A measure indicating the relationship's intensity between two variables, showing how closely the variables are related.

Variables

Elements or characteristics within a study that can vary and have different values among subjects.

Correlation Coefficient

A statistical measure that calculates the strength and direction of the relationship between two variables.

Linear Regression

A statistical method for modeling the relationship between a dependent variable and one or more independent variables by fitting a linear equation.

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