Which of the Following Are Acceptable Resources for a Chief

question 97

Multiple Choice

Which of the following are acceptable resources for a chief audit executive to use when developing a staffing plan? 1. Co-sourcing arrangements. 2. Employees from other areas of the organization. 3. The organization's external auditors. 4. The organization's audit committee members.

• A) 1 only
• B) 1 and 2 only
• C) 2 and 3 only
• D) 1, 2, and 4 only

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Definitions:

Raw Materials

Basic goods used in the production of final products.

Barrier to Entry

Factors that prevent or hinder companies from entering a specific market, such as high startup costs, stringent regulations, or strong competition.

Personnel Shortages

Situations where there are not enough employees to handle the work required, often affecting service and production levels.

Distribution Access

The ability of a company to ensure its products or services are available to potential customers through various channels.