Question: (LO 5-4) Multiple Choice: What actions should be taken by either internal auditors or management if a companys continuous audit system has too many missed
(LO 5-4) Multiple Choice: What actions should be taken by either internal auditors or management if a company’s continuous audit system has too many missed abnormal events (such as false negatives)?
a. Ignore the alarms.
b. Abandon the system.
c. Change the parameters to focus on lower-risk items.
d. Change the parameters to focus on higher-risk items.
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