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uestion Completion Status: Q Which of the following statements about financial audits is true? a. Audits can only be conducted by experts who are not

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uestion Completion Status: Q Which of the following statements about financial audits is true? a. Audits can only be conducted by experts who are not employees of the organization. b. Financial audits are always internal to an organization. c. Audits are used to monitor accounting and financial systems within an organization. d. Organizational operating systems are not audited. e. Publicly held corporations are required by law to have internal audits regularly. QUESTION 44 Which of the following is true of organizational control? a. Public relations is a part of human resources control. b. Control always results in higher costs for an organization. c. Sales and marketing forecasting is a part of financial control. d. Control can help an organization adapt to environmental change. e. Control systems increase organizational complexity. QUESTION 45 for A company buys electronic components, assembles them into PCs, and then ships them to customers. In this case the electronic components are the company a. outputs b. products O processes d. inputs e services QUESTION 46 A firm that does an analysis of competitor's products in order to incorporate those features into its own offerings is using what approach? a. Outsourcing b. Benchmarking c. Collusion d. Six Sigma e. Acceptance sampling

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