Consider the Following Short Case as You Respond to the Next

question 20

Multiple Choice

Consider the following short case as you respond to the next nine questions: ABC Consulting's employees include management, consultants and office staff.The company accepts engagements related to internal control design and evaluation, as well as enterprise risk management plans.A customer can purchase the two services independently of one another.The office staff bills clients on a monthly basis with terms of 2/10, n/30.All consulting clients must sign a contract, which is also signed by an ABC manager.One member of ABC's management team assigns at least one consultant to work with the customer until the engagement is complete.Consultants can be assigned to multiple engagements simultaneously, but every consultant must always be working on at least one engagement.Each client may have only one contract with ABC at a time.How many external agents would be depicted in the first column of a REA model of the case?

• A)Zero
• B)One
• C)Two
• D)Three

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Definitions:

Division Of Labour

Refers to the process of dividing work into specialized tasks or roles intended to improve efficiency and productivity in the workplace.

Organizations

Structures or entities that are purposefully formed by individuals to achieve common goals, encompassing businesses, nonprofits, and governmental bodies.

Competency-Based Analysis

An approach to job assessment that focuses on the specific skills and abilities required to perform a job effectively.

Job Analysis

The process of studying and collecting information about the content and human requirements of jobs, as well as the context in which jobs are performed.