External audits are useful for preliminary control because they
A. are more satisfying as operators benefit by having a more enriched job.
B. can assess what a company has done for itself.
C. review a company's past, present, and future.
D. can evaluate how a company has served its customers of its goods or services.
E. can prevent problems from occurring.
Answer: E
You might also like to view...
Generally, financial statement fraud can be detected simply by analyzing the financial statements and applying ratio analysis
Indicate whether the statement is true or false
The Solidarity Union was established to fight for free and independent labor unions in:
A. Poland B. Eastern Germany C. China D. Mexico
Under a duty model of ethics, an action is morally correct or right when, among people it affects, it produces the greatest amount of good for the greatest number
Indicate whether the statement is true or false
Maria, Jorge, and Renaldo have formed a limited liability company to make educational supply packets for Spanish-speaking elementary school students. They have discussed the lack of educational supplies in many of the schools in Mexico and would like to export these supply packets to Mexico and other Latin American nations. They have been operating in the United States for eight years but will need a $1 million short-term loan to produce goods for the Mexican and Latin American markets. Which of the following agencies would be a viable loan source?
A. Small Business Administration B. Ex-Im Bank C. World Bank D. The Inter-American Development Bank