Which of the Following Is an Audit Reporting Technique for Prioritizing

question 31

Multiple Choice

Which of the following is an audit reporting technique for prioritizing audit findings?

• A) Weibull distribution
• B) Risk-benefit ratio
• C) Cognitive dissonance
• D) Ishikawa diagram

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Definitions:

Collective Bargaining

The process by which labor unions negotiate with employers to reach agreement on wages, work conditions, and benefits.

Taft-Hartley Act

A 1947 United States federal law that restricts the activities and power of labor unions.

Lockout

A tactic used by employers to pressure employees by temporarily closing the business during a labor dispute to compel workers to accept company terms.

Labor Union Membership

Involvement in an organization that represents the collective interests of workers in negotiations with employers over wages, benefits, and working conditions.