Question: 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

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

★★★★★

3.41 Rating (160 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

a F... View full answer

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:

Determine two different spanning trees for the given graph. There are many possible answers. B A D

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:

a. After all posting completed on October 31, the company's Book balance was totalled to $13254 with a bank statement balance of $29436 b. Cheque # 296 for $1340 and #307 for $12809 were outstanding...

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:

(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.

Q:

Full, answers please. Please be as clear as possible and use Probabilistic System and notice the units and significant figures please! Urgent In a production line of computer memory banks, 2% of the...

Q:

1) What is a security risk of allowing mobile code to execute on a target machine? The time delay from when it is downloaded and executed could initiate an asynchronous attack. It will move or...

Q:

In which of the following types of alerts is an alarm not raised even when an incident occurs because of failure to properly defir rules in the alerting system? True negative False negative True...

Q:

1. Who can prioritize the occurrence of an incident on the amount of loss it caused to the organization? Question 1 IR custodians IR officer IR assessment team IT staff Question 2 2. Which of the...

Q:

Continuous auditing relies heavily on alarms, which are essentially notifications of a classification problem. What occurs when a normal transaction is not classified as problematic? Multiple Choice...

Q:

Which shortcuts can you use for Undo and Redo? Select an answer: Alt+U for Undo and Alt+R for Redo Ctrl+Y for Undo and Ctrl+Z for Redo Ctrl+Z for Undo and Ctrl+Y for Redo Ctrl+U for Undo and Ctrl+R...

Q:

The trial balance of ABC Ltd. at July 1, 2022 shows the beginning balance of cash is $28,000. During the month of July, the company performed the following transactions: July 2 Paid $1,800 cash for...