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Where would the auditor make mention of issues noted during audit procedures that are not of audit significance?
Productivity Ratio
A measure of the efficiency of production, calculated as the ratio of outputs produced to the inputs used in the production process.
Operations Management Trend
Emerging patterns or changes in operations management that reflect new practices, technologies, or approaches to optimizing business processes.
Knowledge Society
A society where the creation, distribution, and manipulation of information are significant economic, political, and cultural activities.
Frederick W. Taylor
An American mechanical engineer widely known for his theories on scientific management aimed at improving economic efficiency and labor productivity.
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