Javier and His Team of Engineers Have Gone Through the Blueprint

question 94

Multiple Choice

Javier and his team of engineers have gone through the blueprint of a new commercial complex and have underlined major issues that could crop up when work starts at the site. They have also thought of possible fixes to the issues. This is an example of _____.

• A) benchmarking
• B) operational planning
• C) functional planning
• D) tactical planning
• E) contingency planning

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Definitions:

Actions Taken

The measures or steps implemented in response to a situation or problem.

Responsibility

A tenet of ethics in which you accept the consequences of your decisions and actions.

Sarbanes-Oxley Act

The Sarbanes-Oxley Act (SOX) is a law passed by U.S. Congress in 2002 to protect investors by improving the accuracy and reliability of corporate disclosures made pursuant to securities laws, including those regarding financial statements.

Financial Controls

Procedures, policies, and means by which an organization monitors and manages its financial resources and operations.