Examlex

Solved

Below Are a Number of Potential Additional Benefits Arising from an Assurance

question 1

Multiple Choice

Below are a number of potential additional benefits arising from an assurance service: I.recommendations to improve the efficiency of operations.
II) a positive influence on the behaviour of people whose activities are being assured.
III) recommendations to improve the effectiveness of operations.
Which combination of these is identified in the book as additional benefits?


Definitions:

Heuristics

Mental shortcuts or rules of thumb that simplify decision making, often used in problem-solving and judgment situations.

Algorithms

Step-by-step procedures or formulas for solving problems or completing tasks, often used in mathematics and computer science.

Overconfidence Phenomenon

The tendency for an individual to overestimate their abilities, performance, level of control, or chance of success.

Cognition

The cognitive activity of gaining understanding and knowledge by means of thinking, experiencing, and sensory perception.

Related Questions