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The Major Advantage of a Virtual Organization Is Its ________

question 10

Multiple Choice

The major advantage of a virtual organization is its ________.


Definitions:

Risk of Loss

The potential for an investment or venture to result in financial loss.

Human Error

Mistakes made by individuals, often leading to accidents or failures in tasks or operations.

Audits

Independent examinations of financial records and statements by a third party to ensure accuracy and compliance with accounting principles.

Managers' Certification

The process by which company managers formally attest to the accuracy and completeness of the financial statements.

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