A "Right-To-Audit" Clause

question 50

Multiple Choice

A "right-to-audit" clause:

• A) provides rights to the vendor to audit the company's books at any time.
• B) gives an external auditor the right to audit the company's books.
• C) is considered in civil court as an invasion of privacy.
• D) alerts vendors that the company reserves the right to audit the vendor's books at any time.

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Definitions:

Operational Planning

Detailed standards that guide implementation of tactical plans.

Strategic Planning

Process of determining the primary objectives of an organization and then acting and allocating resources to achieve those objectives.

Mobile Application

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