An Organization Might Hire an Outside Group, Usually an Accounting

question 57

Short Answer

An organization might hire an outside group, usually an accounting firm, to perform a(n) _____ to assess the financial condition of the firm and determine whether financial statements and reports produced by its financial MIS are accurate.

---

Definitions:

Guidelines

Recommendations or principles that provide direction or advice on how something should be done or approached.

Marketing Analyst

A marketing analyst is a professional who studies market conditions to assess the potential sales of a product or service.

Electric Car Company

A business entity that specializes in the manufacturing and sales of electric vehicles, which are powered by electric motors and batteries.

Organizing

The process of arranging or structuring elements in a systematic way to achieve efficiency and order.