Multiple Choice: What actions should be taken by either internal auditors or management if a...
80.2K
Verified Solution
Link Copied!
Question
Accounting
Multiple Choice: What actions should be taken by either internal auditors or management if a company's continuous audit system has too many alarms that are false positive?
1.Abandon the system.
2.Change the parameters to focus on lower-risk items.
3.Change the parameters to focus on higher-risk items.
4. Ignore the alarms.
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!