Examlex
An auditor cannot make informed decisions necessary to complete the audit without an understanding of the accounting information system.
Bargaining Position
The relative power or leverage that an individual or entity has during negotiation processes.
Outside Options
Alternatives available to negotiators that do not require agreement from the current party they are negotiating with.
Opponent's Options
Potential actions or strategies available to a competitor or adversary.
Sequential Game
A type of game in game theory where players make decisions one after another, allowing for a sequence of actions to unfold.
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