Why Is the Business Model a Useful Tool for the Auditor

question 6

Essay

Why is the business model a useful tool for the auditor?

---

Definitions:

Ethical Codes

Formal documents containing guidelines designed to help professionals conduct their business with integrity and according to certain moral standards.

Testing Standards

The guidelines and criteria used to ensure tests are fair, valid, and reliable.

Standardized Tests

Assessments administered and scored in a consistent, or "standard," manner, used widely in education and psychology.

Qualifications

The credentials, skills, or achievements that make an individual suitable for a particular job or activity.