External Confirmations Can Be Sent To

question 8

Multiple Choice

External confirmations can be sent to:

• A)third parties holding the client's inventory
• B)the client's audit committee
• C)the client's lawyers
• D)both a and c

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Definitions:

Tactical Planning

The process of developing short-term actions and strategies that are aligned with an organization's longer-term goals and strategic plan.

Software Development

The process of conceiving, specifying, designing, programming, documenting, testing, and bug fixing involved in creating and maintaining applications, frameworks, or other software components.

Licensed Software Solutions

Software products that require a purchase or subscription to legally use, often providing specialized functionalities for businesses, including supply chain operations.

Principle Requirements

Fundamental or core needs that must be met to achieve a desired outcome or maintain a system’s functionality.