Which of the Following Is an Important Ingredient for the Achievement

question 44

Multiple Choice

Which of the following is an important ingredient for the achievement of efficient economic organization?

• A)highly restrictive exchange rate controls
• B)secure property rights and political stability
• C)high and variable rates of inflation
• D)high marginal tax rates

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Definitions:

Independent Internal Verification

The process of having internal procedures reviewed by parties within the organization who are independent of the process being evaluated.

Discrepancies

Differences or inconsistencies found in records, reports, or documents, usually requiring investigation or correction.

Pre-Announced Basis

A strategy or condition disclosed in advance, usually to provide stakeholders with time to prepare or adjust.

Misappropriation Of Assets

The unauthorized use or theft of a company's assets for personal gain.