Excessive Emphasis on __________ Control Systems and Critical Performance Variables

question 96

Multiple Choice

Excessive emphasis on __________ control systems and critical performance variables has the potential to cause an organisation to ignore emerging threats and opportunities.

• A)diagnostic
• B)boundary
• C)beliefs
• D)interactive

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Definitions:

Voidable Contracts

Contracts that are valid and enforceable on the surface but can be declared void by one or more of the parties due to certain reasons, like misrepresentation or lack of consent.

Innocent Misrepresentation

A false statement made about a material fact by a person who believed the statement was true.

Material Fact

An important fact that, if known, could influence a decision in a contract, transaction, or legal case. It is a fact that matters to the matter at hand.

Rescind

To revoke, cancel, or annul a contract or agreement, typically due to the discovery of errors or fraud.