Which of the Following Is a Factor That Would Cause

question 26

Multiple Choice

Which of the following is a factor that would cause an increase in the assessment of control risk?

• A)New products have uncertain likelihood of success.
• B)Little interaction between senior management and operating staff.
• C)A new business strategy is improperly implemented.
• D)The industry is mature and declining.

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Definitions:

Social Organizations

Groups structured by a set of social norms, institutions, or structures aimed at meeting the needs of individuals in a society.

Product-Market Plans

Strategies that outline how a company's products or services will meet the needs of its target market.

Human Resource Management

A strategic approach to managing people in an organization in a way that supports the business's mission and overall success.

Economic Forces

Economic factors facing Canadian business today, including global trade forces and the force to increase one’s own competitiveness and productivity levels.