Which of the Following Is a Negative Factor Influencing Client

question 31

Multiple Choice

Which of the following is a negative factor influencing client acceptance and retention with respect to competence issues?

• A)The audit firm does not have the affiliation with specialists to meet client needs.
• B)The client has a weak accounting system with few internal controls.
• C)The audit firm has conflict of interest issues that cannot be resolved prior to client acceptance.
• D)There are significant regulatory reporting requirements with close monitoring by regulators.

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Definitions:

Strategic HRM

Involves designing and implementing a set of internally consistent policies and practices that ensure an organization's human capital contributes to the achievement of its business objectives.

HR Policies

HR Policies are formal guidelines and procedures developed by an organization to govern its human resources management practices, ensuring consistency and compliance.

Organizational Strategy

A structured plan detailing how a company intends to deploy resources and capabilities to secure a competitive advantage.

Human Capital

The skills, knowledge, and experience possessed by an individual or population, viewed as a factor of production contributing to economic value.