Match the following terms with the statements given below: Consulting art Management consulting Full scope engagement Special study engagement Integrity Analytical approach and process Engagement program Competence in professional work Post-engagement follow up Objectivity Code of Professional Ethics Accountancy Law Competence in performing MAS Independence in mental attitude 1. Ability of the consultant in bringing about a satisfactory relationship with a client, and consequently, the successful completion of an engagement 2. Ability to avoid bias and maintain an impartial attitude in all matters under review. 3. The CPA maintains his role as an objective researcher, analyst or adviser and does not consider himself as part of the management by taking on the role of decision maker. 4. Ability to define client needs, to utilize the analytical approach and process, to apply knowledge of the technical subject matter under consideration, to communicate recommendations effectively, and to assist in implementing the recommendations. 5. An engagement that covers all the seven phases of the analytical approach and process. 6. The professional service performed by specially trained and experienced persons in giving assistance to management in improving managerial, operating, and economic performance of the various institutions of our society. 7. Observations of, and inquiries made, on a program or system after its installation for a sufficiently long period to uncover deficiencies promptly and to make necessary modifications. 8. An operational plan which, when adequately prepared, may result in reasonable assurance that all engagement activities are systematically geared towards the attainment of its objective(s). 9. The systematic, objective and rational method of solving business problems involving professional level ability in fact-finding, problem definition, determination and evaluation of possible solutions, and the adaptation of the best solution to the particular situation.
Match the following terms with the statements given below:
| Consulting art | Management consulting |
| Full scope engagement | Special study engagement |
| Integrity | Analytical approach and process |
| Engagement program | Competence in professional work |
| Post-engagement follow up | Objectivity |
| Code of Professional Ethics | Accountancy Law |
| Competence in performing MAS | Independence in mental attitude |
1. Ability of the consultant in bringing about a satisfactory relationship with a client, and consequently, the successful completion of an engagement
2. Ability to avoid bias and maintain an impartial attitude in all matters under review.
3. The CPA maintains his role as an objective researcher, analyst or adviser and does not consider himself as part of the management by taking on the role of decision maker.
4. Ability to define client needs, to utilize the analytical approach and process, to apply knowledge of the technical subject matter under consideration, to communicate recommendations effectively, and to assist in implementing the recommendations.
5. An engagement that covers all the seven phases of the analytical approach and process.
6. The professional service performed by specially trained and experienced persons in giving assistance to management in improving managerial, operating, and economic performance of the various institutions of our society.
7. Observations of, and inquiries made, on a program or system after its installation for a sufficiently long period to uncover deficiencies promptly and to make necessary modifications.
8. An operational plan which, when adequately prepared, may result in reasonable assurance that all engagement activities are systematically geared towards the attainment of its objective(s).
9. The systematic, objective and rational method of solving business problems involving professional level ability in fact-finding, problem definition, determination and evaluation of possible solutions, and the adaptation of the best solution to the particular situation.
Step by step
Solved in 2 steps
