PLEASE HELP ME TO ANSWER THE QUESTIONS BELOW. PLEASE REPHRASE ANSWERS AND BE DETAILED.

1. What are the risk implications of outsourcing? Explain why management must remainvigilant even if a process and related activities have been outsourced to another organization. 2. How can the Eight Areas of Waste be used to build an operational audit work program?

3. How can overproduction be minimized?

4. How can failure in ethics affect organizational success? Is it something that can be audited?

5.Provide three recommendations to minimize the presence of underutilized employees.

SUBJECT: OPERATIONS AUDITING