The Phases of an Operational Audit Include All of the Following

question 59

Multiple Choice

The phases of an operational audit include all of the following except:

• A) plan audit.
• B) perform follow-up.
• C) report findings to management.
• D) accept client.
• E) perform audit.

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Definitions:

Regional Manager

An individual responsible for overseeing the operations, management, and profit of multiple locations or branches within a specified geographical area.

Ranking Methods

A technique used in various fields to place entities in a list based on certain criteria, often used in evaluation or decision-making processes.

Performance Appraisals

A systematic process in which the performance of an employee is evaluated in terms of quality, quantity, cost, and time by a supervisor.

Normal Distribution

A type of continuous probability distribution for a real-valued random variable, symmetrically centered around its mean, implying most occurrences take place near the average value.