Operational Auditing Has Grown in Importance Over the Last Few

question 9

Essay

Operational auditing has grown in importance over the last few decades.
a.Define operational auditing.
b.Who are the major users of operational audit reports.
c.List the phases of an operational audit.

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Definitions:

Uncommon Coalitions

This term describes alliances or partnerships that form between groups or individuals typically not seen as natural allies.

Prenegotiation Stage

The initial phase in a negotiation process where parties prepare, gather information, and establish their objectives.

Actual Negotiations

are the real, factual discussions and bargaining processes between parties with the intention of reaching an agreement.

Managing Agreement

The process of overseeing and implementing the terms of an agreement to ensure all parties fulfill their obligations and objectives are met.