Which of the following is NOT the reason why organizations use strategic planning?
A. To establish and help achieve business objectives.
B. To focus resources on areas that is key to the organization's success.
C. To communicate established objectives to stakeholders.
D. To neglect establish criteria against which to measure progress.
Which of the following is correct?
A. the end product of strategic planning is the operational plan
B. the start product of strategic planning is the strategic plan
C. the end product of strategic planning is the strategic plan
D. the end product of operational planning is the strategic plan
What describes that what the organization wants to achieve from a very long-term perspective?
A. Mission statement
B. Vision statement
C. Organizational objectives
D. Long-term strategies
Which evidence is obtained from individuals through oral or written statements such as interviews, surveys and questionnaires?
A. Documentary
B. Testimonial
C. Analytical
D. Physical
What is the additional evidence in support of primary or secondary evidence?
A. Trend comparison
B. Data synthesis
C. Risk control
D. Corroborative evidence
The process an organization uses to determine where it is headed in the coming years, the objectives it hopes to achieve, the methods it will use and its performance measures, is called:
A. Strategic Planning
B. Premeditated Planning
C. Deliberate Planning
D. Intended Planning
Which of the following is Correct?
A. Competency refers to the validity and reliability of audit evidence.
B. Sufficiency refers to the validity and reliability of resources.
C. Capability refers to the capacity and reliability of audit evidence.
D. Consistency refers to the steadiness and reliability of audit evidence
Determination that the evidence has a logical relationship to the findings is known as:
A. Competency
B. Feasibility
C. Relevancy
D. Testimonial
Recommendations should correspond to the overall goals of the organization and relate directly to the problem at hand is called:
A. Sufficient
B. Feasible
C. Practical
D. Reliable
_________ refers to recommended actions should take into account relevant resource limitations.
A. Sufficiency
B. Feasibility
C. Consistency
D. Reliability
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