Which of the Following Is True Regarding an Organization's Relationship

question 178

Multiple Choice

Which of the following is true regarding an organization's relationship with external stakeholders?

• A) Specific guidance must be followed when interacting with nongovernmental organizations.
• B) Disclosure laws tend to be consistent from one jurisdiction to another.
• C) There are several internationally recognized standards for dealing with financial donors.
• D) Legal representation should be consulted before releasing internal audit information to other assurance providers.

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Definitions:

Controlling

The management function of monitoring performance, comparing it against goals, and implementing necessary adjustments to achieve objectives efficiently.

Measuring Performance

The process of evaluating the efficiency and effectiveness of actions or operations, often through the use of key performance indicators (KPIs) and metrics.

Ensure Desired Results

The process of implementing measures and strategies to guarantee that specific outcomes are achieved.

Performance Downfall

A significant decline in the effectiveness, efficiency, or productivity of an individual or organization, often leading to negative outcomes.