Generally, an attorney is not liable to a non client unless the attorney has committed fraud or malicious conduct
Indicate whether the statement is true or false
True
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Due professional care requires:
A. the examination of all available corroborating evidence. B. the exercise of error-free judgment. C. a study and review of internal controls that includes tests of controls. D. auditors to maintain an attitude that includes a questioning mind and a critical assessment of audit evidence.
A potential customer is more likely to use a value map than a marketing manager is
Indicate whether the statement is true or false
Value chain analysis is an assessment conducted on the chain of interlinked activities of an organization or set of interconnected organizations, intended to determine where and to what extent value is added to the final product or service.
Answer the following statement true (T) or false (F)
Which of the following is FALSE about service environment, typically not encountered in manufacturing environment?
a. It is not possible to store or inventory services. b. Services are not difficult to schedule because they are not typically labor intensive. c. The fluctuating demand for services and the need to customize services for individual customers makes scheduling services more difficult. d. Service schedules are constrained by legal requirements and union contracts.