All These Statements Elaborate Purpose of Standards EXCEPT

question 13

Multiple Choice

All these statements elaborate purpose of standards EXCEPT:

• A) Foster improved organizational processes and operations
• B) Establish the basis for the evaluation of internal audit performance
• C) Subvert the framework for performing and promoting broad range of value-added internal audit activities.
• D) Delineate basic principles that represent the practice of internal auditing as it should be

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Definitions:

Just-In-Time Delivery

A supply chain management strategy that aligns raw-material orders from suppliers directly with production schedules.

Globalization

The method through which companies or different entities gain international impact or commence activities globally.

Type A

refers to a personality type characterized by high levels of competitiveness, self-drive, and a sense of urgency.

Sales Presentation

A detailed pitch or demonstration given to potential customers with the aim of promoting and selling a product or service.