Examlex
Separation of duties refers to auditors not being allowed to perform both audit and nonaudit services for the same client.Separation of duties is where individuals who have physical responsibility for assets should not also have access to accounting records.
Distribution
The way in which values in a dataset are spread or dispersed across the range of data points.
Kurtosis
The quality of a distribution that defines how flat or peaked it is.
Positively Skewed
A description of a distribution that has a tail extending to the right, indicating a concentration of values on the lower end.
Tail
The far end of a distribution curve, representing the extreme values in a set of data, either on the higher or lower end.
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