Which of the Following Is Not a Recognized Element of a Successful

question 76

Multiple Choice

Which of the following is not a recognized element of a successful environmental auditing program?

• A) explicit senior management support for environmental auditing and the willingness to follow up on the findings
• B) an environmental auditing function independent of audited activities
• C) adequate auditor training and staffing
• D) a "bottom line" analysis of the proposed auditing program

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Definitions:

Insurable Interest

A stake in the value of an entity or event for which an insurance policy is purchased to mitigate risk of loss.

Consulting Partnership

A business arrangement where two or more individuals or entities collaborate to offer consulting services, pooling expertise and resources.

Insurance Company

A company that offers financial protection to individuals and entities against potential losses or damages in exchange for payment of premiums.

Innocent Misrepresentation

A false statement made by someone who believes it to be true, which can lead to a contract being voided if it influenced the agreement.