Complete the chart below by labeling the boxes. Explain the major differences between the phases of the financial statement audit and the operational audit.
Definitions:
Machiavelli
Refers to Niccolò Machiavelli, an Italian Renaissance political philosopher and diplomat, best known for his works on power dynamics and political strategy, notably in "The Prince."
Descartes
Referring to René Descartes, a French philosopher, mathematician, and scientist who is considered one of the founders of modern philosophy, best known for the statement "I think, therefore I am."
Hobbes
A philosopher known for his social contract theory, suggesting that humans agree to surrender some freedoms for societal order.
Metaphysical Stage
A concept in sociology and philosophy, referring to a stage of societal development where explanations for reality are based on abstract, philosophical reasoning rather than religious or supernatural beliefs.
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