Which of the Following Is NOT a Typical Step in a Project

question 36

Multiple Choice

Which of the following is NOT a typical step in a project audit?

• A) familiarize the audit team with the requirements of the project
• B) collect benchmark data from other similar projects
• C) audit the project on-site
• D) write-up the audit report in the required format
• E) distribute the report

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Definitions:

Managers

Individuals responsible for controlling or administering all or part of a company or similar organization.

Periodic Inventory

a system of inventory management where updates to inventory levels are made at specific intervals, usually at the end of an accounting period.

Perpetual Inventory

An inventory management system where updates are made continuously as transactions occur.

Inventory Accounting Systems

The systems or methods used by businesses to keep track of their inventory levels, costs, and quantities.