The role of modern-day internal auditors is limited to the auditing function of an organization

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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1. True or False: The role of modern-day internal auditors is limited to the auditing function of an organization.

2. When an employee is parting ways with a company, the human resources department should ensure that

  • the employee provides a valid reason for resignation.

  • an exit interview is arranged for the employee.

  • project tasks assigned to the employee are completed before departure.

  • the employee trains the new employee who is hired for the position.

3. True or False: In a 1993 "Harvard Business Review" article, Walter Salmon recommended a checklist of 22 questions to assess the financial health of a company.

4. An example of intrinsic value is ________.

  • money

  • a package holiday

  • a job offer

  • health

5. True or False: Information systems team coordinate the recruitment, training, and development of personnel for all aspects of an organization.

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