Brigit,head of a Bank's Internal Auditing Division,has Prepared a Report

question 38

Multiple Choice

Brigit,head of a bank's internal auditing division,has prepared a report on current auditing procedures.The report which presents suggested solutions to the bank's auditing problems is what kind of a report?

• A)Informational
• B)Analytical
• C)External
• D)Functional

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Definitions:

Balanced Scorecard

A strategic planning and management system used by organizations to align business activities to the vision and strategy, improve internal and external communications, and monitor organizational performance against strategic goals.

Strategy Map

A visual tool used in strategic planning to align an organization's missions, visions, and goals to its strategy, displaying the cause-and-effect relationships among different strategic objectives.

Strategic Objectives

These are specific, measurable goals set by a business to guide its strategic direction and assist in achieving its overarching purposes.

Internal Processes

The systematic procedures and workflows within an organization that contribute to its operational efficiency and goal achievement.