Which of the Following Is Not a Responsibility That Should

question 1

Multiple Choice

Which of the following is not a responsibility that should be assigned to a company's internal audit department?

• A) Evaluating internal control.
• B) Approving disbursements.
• C) Reporting on the effectiveness of operating segments.
• D) Investigating potential merger candidates.

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Definitions:

Normal Population

A population in which the data follows a normal distribution, characterized by a bell-shaped curve.

Binomial Population

A population in which each member has only two possible outcomes or states, typically referred to as a success or failure.

Goodness-Of-Fit Test

A statistical method employed to assess the alignment between observed data and its predicted distribution.

Degrees Of Freedom

The number of independent values or quantities which can vary in an analysis without breaking any constraints.