Regarding the findings from a SWOT analysis, organizational strengths are ________.
a. MBO skills that should be emphasized
b. external opportunities that a company can take advantage of
c. environmental factors that the organization may exploit for competitive advantage
d. skills and capabilities that give a company advantages in executing its strategies
d. skills and capabilities that give a company advantages in executing its strategies
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A decision tree, which is the chain of command used by many organizations when discussing alternatives, must be followed when getting decisions approved.
a. true b. false
Which of the following risks results when the auditor uses an insufficient test procedure, resulting in the auditor's ill-informed conclusion that material errors do not exist, when, in fact, they do?
A. Business risk B. Detection risk C. Audit risk D. Inherent risk