Audit and Technological Advancement Quiz
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Questions and Answers

What could be a major consequence for firms failing to mobilize and empower managers and employees to conduct an external audit?

  • Pursuing ineffective strategies (correct)
  • Improved organizational communication
  • Technological advancement
  • Increased social media presence

    • In the context of technology, what is a significant indication that a firm may be falling behind?

  • Focusing on internal processes only
  • Utilizing traditional communication methods (correct)
  • Empowering managers and employees
  • Implementing e-commerce and social media networks

    • Why is it important for firms to empower managers and employees to conduct an external audit?

  • To increase social media presence
  • To focus on internal processes only
  • To identify potential weaknesses and risks (correct)
  • To improve interdepartmental communication

    • What could be a consequence of a firm focusing solely on internal processes?

    <p>Pursuing ineffective strategies (C)</p> Signup and view all the answers

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