To Perform an External Audit, a Company First Must

question 27

Multiple Choice

To perform an external audit, a company first must

• A) get an approval from the Securities and Exchange Commission.
• B) perform an internal audit.
• C) gather competitive intelligence and information about external trends.
• D) hire a consultant to develop a comprehensive strategic plan.
• E) create a budget.

---

Definitions:

Private Capital Investment

The spending of resources by private individuals or enterprises on assets expected to yield returns over time, such as shares, real estate, or machinery.

Economic Growth

An increase in the output of goods and services in an economy over a period, usually measured by the rise in real GDP, indicating the economy's overall health and prosperity.

DVCs

Depending on context, can refer to Digital Video Cameras or other abbreviations; without a specific context, it's difficult to provide an accurate definition.

World Bank

An international banking entity that offers financial support and grants to economically challenged countries for the advancement of capital projects.