Examlex
Which of the following statements concerning auditing in the public sector is correct?
Conventional Wisdom
Widely accepted beliefs or notions that are perceived as unquestionable truths in society, regardless of their factual basis.
Evidence-Based Management
The practice of making managerial decisions and organizational practices based on the best available evidence from systematic research.
Intuition
An instinctive knowing or sense of understanding without the need for conscious reasoning.
Judgment
The ability to make considered decisions or form opinions objectively, often based on interpreting available information.
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