CRM is the tool that helps Customer Service support sales plans the most effectively.
Which tool is the most beneficial for supporting sales strategies through customer service?A CRM system is a crucial tool for providing excellent customer service. A CRM will not only give you the reports you require to keep track of your customer service, but it will also be able to assist you in streamlining and organizing your operations and marketing.
What do customer service CRM tools entail?With the help of a CRM tool, you can manage marketing campaigns, track service issues, identify sales opportunities, and store customer and prospect contact information all in one convenient location. You can also make data about every customer interaction accessible to anyone at your company who might need it.
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What is the main effect of increasing opportunity costs ?
The law of increasing opportunity cost is depicted by the curved frontier line, which states that an increase in production of one good results in an increase in losses for the other good.
Why is it important to raise opportunity costs?In economics and business, the law of increasing opportunity costs is important because it explains the dangers of going completely non-productive. Since decisions about how to best allocate limited resources will always be made, there will always be opportunity costs.
How significant is opportunity cost to a business?
It assists businesses in allocating more resources toward the production of goods and services with the highest contribution margin (profit). It assists the government in selecting the appropriate project for which it gradually expands its resources.
How do trades result from opportunity costs?The key to international trade is opportunity cost, which is reflected in comparative advantage. If we are able to obtain a good from another nation with fewer sacrifices than we would have to make to obtain it domestically, trade benefits us.
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The relative ease of transferring ownership, the limited liability for business debts, and the unlimited life of the business are why the corporate form is superior to sole proprietorships or partnerships for _____.
The relative ease of transferring ownership, the limited liability for business debts, and the unlimited life of the business are why the corporate form is superior to sole proprietorships or partnerships for raising cash
For businesses to expand and engage in new endeavours, they need to raise finance. Firm can raise cash in three different ways: through retained earnings, borrowed capital, and equity capital. Firms that use retained earnings have no debt to their stockholders but can anticipate higher profits. By taking out loans from creditors and releasing corporate loans in the form of bonds, businesses raise debt capital. External investors provide equity finance, that is free of costs but no tax advantages.
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Answer:c
Explanation:
Can a fixed-rate mortgage go up?
In essence, the mortgage's interest rate will not vary throughout the loan's term, and the borrower will continue to make equal monthly payments for interest and principal.
Do fixed mortgage rates ever increase? A home loan option with a fixed interest rate for the duration of the loan is known as a fixed-rate mortgage.In essence, the mortgage's interest rate will not vary throughout the loan's term, and the borrower will continue to make equal monthly payments for interest and principal.Naturally, if you have a fixed-rate mortgage, the increase in interest rates won't have any effect on your loan; your interest rate and monthly payment will stay the same.But if you have an ARM, rising interest rates could increase your monthly payment, and new home loans with fixed mortgage rates might cost more overall.To learn more about mortgage refer
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What are the 4 required financial statements and what does each one tell about the company to the user of the information?
Four financial statements are the most important ones. The first four are balance sheets, the second two are income statements, the third is a cash flow statement, and the fourth is a statement of shareholders' equity.
At a specific point in time, a company's balance sheet reveals what it owns and what it owes. The amount of money a company made and spent during a certain period of time is shown in the income statements. A company's external financial transactions are also depicted in cash flow statements over a given period of time. The fourth financial statement, often known as a "statement of shareholders' equity," depicts changes over time in the shareholders' interests in the business.
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Hulu allows people to watch television shows and movies on the Internet. Hulu's business opportunity was made possible by ________ that enhanced the ability of television shows and movies to be uploaded to the Internet and played by anyone with a suitable computer and an Internet connection. Group of answer choices economic forces legal changes technological advances regulatory changes social forces
Hulu's business opportunity was made possible by technological advances that enhanced the ability of television shows and movies to be uploaded to the Internet and played by anyone with a suitable computer and an Internet connection.
Hulu is a subscription streaming service in the United States that is majority-owned by The Walt Disney Company, with Comcast's NBCUniversal having a minority share. It debuted on October 29, 2007, and it has a library of films and television programmes from studios such as 20th Century Fox, Searchlight Pictures, Disney Television Studios, ABC, Freeform, and FX Networks, as well as Hulu original programming.
Hulu began as a joint venture between News Corporation and NBC Universal, Providence Equity Partners, and eventually The Walt Disney Company, aggregating recent episodes of television programmes from their respective television networks.
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________ is the investment in social relations with the expectation of returns in the marketplace.
A) Social capital B) Social stock C) Market stock D) Media capital
Social Capital is the investment in social relations with the expectation of returns in the marketplace.
What do we mean by social capital?
Social capital is a set of shared values or resources that allows individuals to work together in a group to effectively achieve a common purpose. Social capital can also be thought of as the potential ability to obtain resources, favors, or information from one's personal connections.
It allows people to work together and to access benefits from social relationships. Social capital allows modern economies to function efficiently. Our society, economy, institutions, and political system could not exist without social capital.
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The book value of an asset will equal its fair value at the date of sale if 1) a gain on disposal is recorded. 2) no gain or loss on disposal is recorded. 3) the plant asset is fully depreciated. 4) a loss on disposal is recorded.
If no gain or loss on disposal is recorded, the book value of an asset will equal its fair value at the time of sale.
How is gain or loss calculated?The gain or loss on asset disposal is calculated by comparing the book value of the disposed asset to the value of any assets received, true or false. The statement is as follows: True.
Asset disposal entails removing assets from a company's accounting books. As a result, the company must record the gain or loss on the asset when it is sold. This is calculated by comparing the book value of the disposed asset to the market value of any acquired assets.
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Is the United States a command economy?
No, the United States does not have a command economy. The US is a market economy, in which the prices of goods and services are determined by the forces of supply and demand.
What is command economy?A command economy is an economic system in which the government makes all economic decisions, including what to produce, how much to produce, and how to distribute goods and services. Such decisions are typically made by a central authority, such as a government or a single political party, and are intended to ensure economic stability and growth. Command economies are usually associated with socialist, communist, and totalitarian governments, but are also present in some authoritarian states. The main feature of a command economy is the lack of competition, since the government controls all economic activities.
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Sarah is a recent u. S. College graduate who is interested in starting an import tea business. If she follows through with her plans, she will be a pioneer, because only a handful of women choose to start businesses in the u. S
If a nation imports more than it exports, it is in a trade surplus; if it exports more than it imports, it is in a trade deficit.
What percentage of US businesses are owned by women?About 15% of all businesses in the US are owned by women.
Women are the owners of 42% of all U.S. enterprises (13 million). Over 9.4 million people work for companies owned by women. Women are three percentage points more likely than men to launch a business.
A country experiences a trade deficit when it imports more than it exports, but a trade surplus occurs when exports outpace imports.
Basically, the cheaper labor costs in China and American demand for the products made there are what lead to the trade deficit with that nation. Computers, mobile phones, clothing, toys, games, and sporting items are the most popular categories of Chinese imports into the United States.
Therefore, the statement is false.
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A nation is in a trade surplus when it imports more than it exports; It is in a trade deficit if it imports more than it exports.
How many women own businesses in the United States?Women own about 15% of all businesses in the United States. 42% (13 million) of all U.S. businesses are owned by women. Over 9.4 million people are employed by women-owned businesses. Launching a business is three percentage points more likely for women than for men. A country has a trade deficit if it imports more than it exports, whereas a country has a trade surplus if exports outnumber imports.
The trade deficit with China is essentially caused by American demand for Chinese-made goods and cheaper labor costs. The most popular Chinese imports into the United States are sporting goods, clothing, mobile phones, computers, games, and toys.
As a result, the assertion is incorrect.
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Suppose Phil and Miss Kay are the only consumers in the market. If the price is $6, then the market quantity demanded is
The number of units that the market wants is two.
Market quantity demanded is the amount of a specific good that customers have placed on the market and is inversely correlated with the cost of the good.
Given that the quantity of the commodity desired is inversely correlated with the price of the commodity, it follows that as the price of the commodity rises, the quantity of the commodity will decrease. The graph of this is negatively sloped as a result.
The only shoppers at the store are Phil and Miss Kay. Therefore, 2 units are needed to meet market demand.
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Select the correct answer from each drop-down menu.
an income tax that is 7% of their annual earnings. This tax is
All of a country's citizens pay the
tax.
businesses
Reset
Next
government
insurance companies
Answer:
Government
regressive
Explanation:
A tax is a compulsory sum levied by the government on goods and services
Earnings to shareholders are taxed twice
Regressive tax system is a tax system where those that earn lower income pay more tax and those that earn higher income pay less tax.
Khalil works in an advertising agency. Because the agency is constantly printing samples for customers, the printer ink is well stocked. Whenever Khalil changes the printer ink, he pockets one cartridge for his printer at home. If caught, what crime would Khalil MOST likely be accused of
Khalil would most likely be charged with theft for the offense pilferage.
What means pilferage?Pilferage is a form of minor theft. When someone steals money or property that has been committed to their care, there has been a breach of trust. Defalcation and peculation are two terms used to describe embezzlement. They include resource theft, under-resourced regions, racial tensions, irregular militaries, violent extremist organizations, and piracy and illicit trafficking.
Pilferage typically involves the theft of objects or things with little worth. Inventory and maritime thefts are two key factors that highlight it. From the perspective of inventory, pilferage results in a decrease in the stock as a result of staff theft or shoplifting.
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What was the significance of the Treaty of Nanjing in 1824?
On August 29, 1842, the First Opium War (1839–1842) between Great Britain and the Qing dynasty of China came to a conclusion with the signing of the Treaty of Nanjing. The first of what the Chinese eventually referred to as the "Unequal Treaties" was this one.
significance of the Nanjing TreatyThe Treaty of Nanjing helped China establish diplomatic and commercial ties with the West, but also significantly reduced the empire's ability to assert its sovereignty. The pact and later, unfair treaties have influenced how China interacts with the rest of the world today.
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What is the most common economic system and why?
The most common economic system is Mixed Economy.
Why mixed economy is so common?
An economic system known as a mixed economy incorporates elements of both capitalism and socialism. A mixed economic system provides for some economic freedom in the use of capital and the protection of private property, but it also permits government intervention in the economy to further social objectives. All contemporary economies are dual economies—mixed economies in which the public and private sectors share production resources. A mixed economy is a framework in which production is controlled to some extent by the government and owned by both public and private enterprises.The mixed system, which includes elements of the other economic system types, is the type of economic system that dominates the world's greatest economies (Amadeo, 2020)To know more about Mixed economy here
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which of the following refers to a type of Chinese Theater Company by an instrumental Ensemble containing two components
Peking opera is a category of Chinese theater Company performed by an ensemble of two instrumentalists.
A group of people with a common goal who may be either natural, legal, or a combination of the two is referred to as a corporation, which is commonly shortened as "co. To accomplish clearly defined goals, the company's staff works together for a single cause. The many different forms that businesses can take include nonprofit organizations, nonprofit associations, for-profit businesses, financial institutions, banks, programs, and educational institutions, to name just a few. A company may be legally recognized as a separate entity through incorporation, which limits the company's liability as long as its members uphold the terms of the publicly disclosed incorporation or published policy. It may be necessary to liquidate a business after it has shut down in order to pay off debts.
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How does an increase in taxes affect the economy?
The vast majority of them also imply that raising taxes may raise government revenue, but typically at the expense of economic expansion and taxpayer mobility.
On the other side, tax cuts frequently cause brief declines in revenue while brand recognition and reputation economic growth. Tax compliance refers to both governmental activities and individual behaviour in order to guarantee that taxpayers are paying the appropriate amount of tax at the appropriate time and receiving the appropriate tax allowances and tax reliefs. A tax is a mandatory financial charge or other sort of levy placed on a taxpayer (an individual or legal entity) by an administrative body to pay for various public expenditures and government spending. Around 3000–2800 BC, the first documented taxation was imposed in ancient Egypt. Non-compliance with the law includes failing to pay on time as well as evading or fighting taxation. Taxes can be direct or indirect and can be paid in money or in the equivalent in work. Most nations have a tax system in place to finance public, socially shared, or agreed-upon national demands as well as governmental duties. Most taxes on personal annual income are flat percentage rates of taxation, however certain scale taxes are progressive based on brackets of annual income levels. Taxes are imposed on both personal and business income in the majority of nations. Wealth taxes, inheritance taxes, estate taxes, gift taxes, property taxes, sales taxes, usage taxes, payroll taxes, fees, and/or tariffs are frequently imposed by countries or subunits.
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Staying up to date with the customers' changing tastes and demand patterns describes which lean operation competitive advantage?
Staying up to date with the customers' changing tastes and demand patterns describes the customer rules lean operation competitive advantage.
The concept of competitive advantage refers to the development of a system with a distinct edge over rivals. The goal is to efficiently and sustainably create value for the consumer.
Although there may be pure versions of these tactics, operations managers are more likely to be asked to use a blend of them. Cost leadership, differentiation, defensive tactics, and strategic alliances are the four main ways to acquire a competitive edge.
The ability and effectiveness of a company to sell and deliver goods and services in a certain market, in comparison to the performance and ability of other enterprises, is how we define competitiveness.
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______ leadership approaches attempt to determine the unique behaviors used by effective leaders.
Behavioral leadership approaches attempt to determine the unique behaviors used by effective leaders.
What is leadership ?Leadership in business is the ability to set and achieve difficult goals, act quickly and decisively when necessary, outperform the competition, and inspire others to excel."The act of leading a group of people or organizations." This is how the Oxford Dictionary defines leadership. Simply put, leadership means taking risks and challenging the status quo. Leaders motivate others to achieve something new and better.Effective leadership in business can enhance and encourage teamwork, create a better sense, motivate, inspire confidence, and provide purpose and direction. Good leaders are believed to facilitate organizational development and growth in any business environment. They have the right skills to enhance the efficiency and productivity of many business processes and stimulate the growth and development of organizations.To learn more about leadership from the given link:
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An economist plays two roles: scientist and policy advisor. As scientists, economists explain the world, and as policy advisors they help improve the world. Because these two roles have different goals, they require different types of language. Economists as scientists make positive claims, whereas economists as policy advisors make normative claims.
In your initial post, begin by briefly introducing yourself, including your program of study and career interests. Then address the following:
Explain the difference between positive and normative analysis.
Provide an example of a normative statement or an example of a positive statement from a recent news story.
For your response posts, select two or more initial posts that contain different current news examples (normative versus positive), and contrast your example with those of your peers. What makes the examples different? How do those differences relate to the different roles that an economist plays as a scientist and policy advisor?
Economists are scientists who explain the world, and they also serve as policy advisers who advance humankind. These two jobs need different kinds of language since their objectives are different. The assertions made by economists as scientists are positive, whereas the statements made by economists in their capacity as policy advisers are normative.
What is the main visions and thoughts of these two professional groups?
Economists take on the role of policymakers when they try to make the world a better place. Positive and normative statements both describe the world as it is and how it should be, respectively. Positive claims can be supported or disproven by facts.Macroeconomists research past patterns in the whole economy and make predictions about future patterns in variables like investment, inflation, economic growth, and variables like unemployment and inflation. Financial economists research the functioning of the financial sector, including the impact of escalating interest rates.To know more about Economy here
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When a mutual fund computes its net investment income, all of the following are included except A) expenses. B) dividends. C) long-term capital gains. D) interest.
The correct answer is Expenses. When a mutual fund computes its net investment income, all of the following are included except A) expenses.
A collective fund is a pooled collection of means that invests in stocks, bonds, and other securities. When you buy a collective fund, you get a further diversified holding than you would with individual security. You can enjoy the convenience of automatic investing if you meet minimal investment conditions.
You can withdraw from your collective fund effects anytime if it's an open-concluded fund. Collective fund investments can be withdrawn as soon as the fund is available for diurnal trade and repurchase.
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Almost all major purchases result in ________, or discomfort caused by postpurchase conflict.
A) need recognition
B) cognitive dissonance
C) consumer ethnocentrism
D) conspicuous consumption
E) consumer capitalism
Almost all major purchases result in cognitive dissonance, or discomfort caused by postpurchase conflict. Thus, option 'B' is the correct option.
What is cognitive dissonance?Cognitive dissonance, as used in psychology, is the mental strain brought on by the perception of contradictory information. A person's behaviors, feelings, thoughts, beliefs, values, and things in the surroundings are examples of relevant pieces of information. Having to choose between conflicting options, putting effort into the aim, and is required to comply with something against one's convictions are all examples of cognitive dissonance triggers.
Contrary to popular belief, cognitive dissonance is beneficial to our mental health and happiness. Particularly when they cannot be readily changed, it may help us feel content with our decisions—or at the very least, allow us to rationalize them.
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How do you make changes in the workplace?
The way we can make changes in the workplace by set a clear direction, create an environment of trust, involve employees in decision-making.
What is workplace?
Workplace is an environment in which people interact to carry out their jobs and duties. It is typically a physical space, such as an office or factory, in which people gather to work. The workplace can also refer to a virtual space, such as a remote office, where people collaborate via technology. The workplace environment includes the physical, social and psychological elements that influence how employees behave and interact.
Establish a clear vision for the workplace, with achievable objectives and goals. Give employees a sense of purpose and direction. Allow employees to take risks and make mistakes without fear of retribution. Encourage participation and collaboration among employees. Give them a chance to contribute to the decision-making process.
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Who leads a mixed economy?
In a mixed economy, both the government and the private sector play a role.
What is the government ?
The government is the system or group of people with the authority to govern a country, state, or community. Governments are responsible for making and enforcing laws, providing public services, protecting citizens from harm, and promoting the general welfare of their constituents. Governments are typically composed of multiple branches, each of which has a specific role and responsibility, and are usually established through a constitution. Governments also have the power to tax citizens and to collect revenue in order to fund public services, such as healthcare and education. Governments can be divided into two main categories: democracies, which are based on the principle of majority rule, and authoritarian regimes, which are ruled by a single leader or party.
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As the price of milk increases, producers are normally willing to supply greater quantities. This response is known as the law of Group of answer choices demand averages increasing costs supply variable proportions
The law of supply is a microeconomic principle that asserts, with all other things being equal, that if the cost of an item or service rises, providers will offer more of those goods or services, and vice versa.
Demand declines when price rises and decreases in quantity needed (but demand itself stays the same). Quantity requested rises when the price declines. The Law of Demand is this. An inverse connection is shown on a graph as a line that slopes downhill from left to right. Size of the market, to start If there are more (fewer) businesses, the supply curve moves out (in). For instance, if there are more dairy farmers, more milk is produced, and the supply spreads.
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The law of supply is a microeconomic principle that states that as the price of a good or service rises, providers will offer more of those goods or services, and vice versa.
When prices rise and the amount required lowers, demand falls (but demand itself stays the same). When the price falls, the quantity sought climbs. This is the Law of Demand. On a graph, an inverse connection is represented as a line that slopes downward from left to right. To begin, consider the market size. The supply curve shifts out as there are more (or fewer) enterprises (in). For example, as the number of dairy producers increases, more milk is produced, and the supply spreads.
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What is the importance of insurance to an individual?
The importance of insurance is that it provides financial security in the event of an unexpected illness, injury, or loss.
Insurance can protect you from the financial burden of medical bills, property damage, and other unforeseen expenses.
It can also provide peace of mind, knowing that you and your family are protected in the event of an accident or disaster. With the right insurance coverage, you can have the assurance that your family will be taken care of in the event of a tragedy.
Insurance also helps protect your hard-earned assets, ensuring that you and your family will be financially secure should unforeseen circumstances arise. Investing in the right insurance can provide you with the protection and peace of mind you need to live a life of financial security of an individual.
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Viktor's been tracking the conversions in his Display campaign for the last 30 days. He's had 24 conversions over that time, and plans to use target return on ad spend (ROAS) as his automated bidding strategy. Which type of automated bidding strategy will Viktor be using
In that time, there have been 24 conversions, and his automated bidding technique will be to employ target return on ad expenditure (ROAS). Viktor will employ a bidding strategy that is revenue-focused.
The definition of revenueThe total income derived from the sale of products or services pertaining to a business's core operations is referred to as revenue. Because it appears only at beginning of the income statement, revenue, which is also characterized as gross sales.
What does, for instance, revenue mean?The entirety of the money that a company has made is referred to as revenue. Typically, income and profit include additional aspects of a business. Incorporate costs like cost of sales, operational costs, taxes, and interest expenditures, for instance, into net income.
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You have caught a bad cold and have to take time off of work to get well. each week you normally work 8 hours a day for 5 days at $15.00 per hour. if you take a day to get well by not going to work and your pay period is every two weeks, how much less will your next paycheck be given that you miss a day?
a. $100
b. $120
c. $110
d. $130
$15.00*8= 120 less will your next paycheck be given that you miss a day.
John Woo's 2003 American science fiction action picture Paycheck is a genre favorite. Ben Affleck, Uma Thurman, Aaron Eckhart, Paul Giamatti, Michael C. Hall, Joe Morton, and Colm Feore are among the cast members of the movie. Although the movie received mixed reviews upon its December 25, 2003, release by Paramount Pictures in North America and DreamWorks Pictures abroad, it was a financial success, earning $117.2 million on a $60 million budget. Michael Jennings is a reverse engineer in the near future; he examines the technology of his clients' rivals and recreates it with improvements. To protect himself and his clients' intellectual property, Jennings has memory wipes done to erase any knowledge of his engineering.
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What is a policy of limited government trade restrictions?
Protectionism refers to government programs that circumscribe transnational trade to help domestic diligence.
Protectionism programs are generally enforced to ameliorate profitable exertion within a domestic frugality but can also be enforced for safety or quality enterprises.
Governments have three primary means to circumscribe trade share systems; tariffs; and subventions. A shared system imposes restrictions on the specific number of goods imported into a country. Share systems allow governments to control the significance volume to help cover domestic diligence.
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Which type of audit is performed to determine if a health care organization is adhering to Health Insurance Portability and Accountability Act (HIPAA) regulations
A compliance audit is carried out to ascertain a healthcare company.
What is compliance audit?A compliance audit examines all aspects of a company's conformity to legal requirements. In the course of a compliance audit, audit reports assess the robustness and completeness of conformity preparation, appropriate security, user access controls, and risk management practices.
An organization's adherence to internal laws, laws and regulations, norms, and even codes of conduct is evaluated through a compliance audit. A variety of audit types are used in an audit to examine the efficacy of a company's inner controls. Internal audits, IRS audits, and external audits are the three primary categories of audits.
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