Mr. Q was considered as one of the best external auditors in your area. Upon joining the company as an employee, he was appointed as the company’s Compliance Officer. Upon impressing most of the directors about his risk analysis of the company, he was later given another appointment. When the board knew later that he was a registered Certified Internal Auditor, he was later handed his third appointment as Chief Internal Auditor. Finally, he was appointed as VP for Finance. Question: Is there something wrong with these appointments?
Mr. Q was considered as one of the best external auditors in your area. Upon joining the company as an employee, he was appointed as the company’s Compliance Officer. Upon impressing most of the directors about his risk analysis of the company, he was later given another appointment. When the board knew later that he was a registered Certified Internal Auditor, he was later handed his third appointment as Chief Internal Auditor. Finally, he was appointed as VP for Finance. Question: Is there something wrong with these appointments?
Foundations of Business (MindTap Course List)
6th Edition
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Chapter15: Using Management And Accounting Information
Section: Chapter Questions
Problem 3DQ
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Mr. Q was considered as one of the best external auditors in your area. Upon joining the company as an employee, he was appointed as the company’s Compliance Officer. Upon impressing most of the directors about his risk analysis of the company, he was later given another appointment. When the board knew later that he was a registered Certified Internal Auditor, he was later handed his third appointment as Chief Internal Auditor. Finally, he was appointed as VP for Finance.
Question:
Is there something wrong with these appointments?
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