Your PA Firm Has Just Obtained a New Client and You

question 62

Multiple Choice

Your PA firm has just obtained a new client and you have been assigned the task of preparing the knowledge of business section of the file.Which of the following best describes the process of gathering the knowledge of business for a client?

• A)discussing processes and business objectives with company employees
• B)gathering information about the industry and regulatory environment
• C)understanding the client's business,industry,and regulatory environment
• D)examining the legal expenses file for possible regulatory infractions

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Definitions:

Group Performance

The outcome or result of the combined efforts of a team or group working together towards a common goal.

Empowerment

The process of giving individuals or groups the authority, resources, and opportunity to make decisions and contribute to their own success and the success of their organization.

Shared

Shared, in the context of organizational behavior, refers to resources, responsibilities, or ideas that are collectively used, borne, or developed by a group of people.

Empowering Leadership

Empowering leadership refers to a style where leaders encourage, enable, and motivate employees to take initiative and make decisions in their roles.