An Undesirable Practice Commonly Uncovered by a Management Audit Is

question 36

Multiple Choice

An undesirable practice commonly uncovered by a management audit is

• A) Performance of unnecessary work.
• B) Procedures that are unnecessarily costly.
• C) Duplication of work.
• D) Wasted resources.
• E) All of these.

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Definitions:

IPOs

Initial Public Offerings, the process by which a private company becomes publicly traded by offering shares of its stock to the general public for the first time.

Acquisitions

The process or action of acquiring control of another company or business entity through purchase or merger.

Original Investment

The initial amount of money invested in a business or project.

Venture Capitalists

Investors who provide capital to startups and early-stage companies with high-growth potential in exchange for equity or an ownership stake.