Question: (LO 5-4) When there is no alarm in a continuous audit, but there is an abnormal event, we would call that a: a. false negative.

(LO 5-4) When there is no alarm in a continuous audit, but there is an abnormal event, we would call that a:

a. false negative.

b. true negative.

c. true positive.

d. false positive.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Data Analytics Accounting Questions!

Q:

question #78 in the attached file. Chapter 17 - Accounting for Income Taxes Chapter 17 Accounting for Income Taxes SOLUTIONS MANUAL Discussion Questions 1. [LO 1] Identify some of the reasons why...

Q:

You helped me a couple of weeks ago. I was wondering if i could setup a time for tomorrow that you could be available to help me with some questions. I will pay $20 per question. They are short and I...

Q:

End of Chapter 1 Answers 1) Self-acceptance is getting to move on despite what people thinks about us, it is more of self- esteem, white self-esteem is how important we see our self. It is good to...

Q:

15. What are attributes that exist in a relational database that are neither primary nor foreign keys? a. nondescript attributes b. descriptive attributes c. composite key d. relational table...

Q:

When there is no alarm in a continuous audit, but there is an abnormal event, we would call that a: a. False negative. b. True negative. c. True positive. d. False positive.

Q:

When there is an alarm in a continuous audit, but it is associated with a normal event, we would call that a: a. False negative. b. True negative. c. True positive. d. False positive.

Q:

The scribes of ancient Egypt were the forerunners of today's accountants. a. True b. False Possible Exam 1 Questions Chapter 1: 3. The scribes of ancient Egypt were the forerunners of today's...

Q:

In each of the following situations, identify which situation exists with regard to normal and abnormal events, and alarms or lack of alarms from a continuous monitoring system with these indicators:...

Q:

In each of the following situations, identify which situation exists with regard to normal and abnormal events, and alarms or lack of alarms from a continuous monitoring system with these indicators:...

Q:

Need help with these multiple choice questions for internal audit final exam. Due in 2 hours. QUESTION 1 RsQ_004Without management direction and assumption of responsibility, it would be...

Q:

2. The following model equation was derived as a result of distillation of the methanol- water mixture in a distillation column. 12.8 -18.9 [X, (s) [Xg(s) 16.7s +1 [FR (s)] [F,(s)] 21s + 1 6.6 -19.4...

Q:

Write a paper on the topic Cultural differences between Thailand and the United States

Q:

Which tax form is provided to independent contractors? 1 0 9 9 1 0 4 0 W - 9 W - 2

Q:

Evaluate each of the following. 54 36 4 + 2 2

Q:

List and describe the limitations to using big data.

Q:

Should all organizations try to analyze big data? Why or why not? What management, organization, and technology issues should be addressed before a company decides to work with big data?

Q:

What is network neutrality? Why has the Internet operated under net neutrality up to this point in time?