What is the CORRECT statement about this assumption?
Which options below are FALSE about effective controls?
1 - Measurement and reporting are common controls
2 - The organization can't define, depending on the consequences, what degree of variation or non-compliance, if any, is acceptable for each control.
3 - Measurements should be limited to those that can be actively used to make informed decisions
4 - When designing organizational measures, it is important to account for external factors, particularly legal factors, which are often enforced by regulatory authorities and should be considered mandatory.
5 - Controls can never fail or be circumvented
●● specifying the organization’s mission, vision, and objectives
●● developing policies and plans which are designed to achieve the mission and objectives
●● allocating resources to implement policies and plans.
What is the purpose of the strategy management practice?
What is this statement talking about?
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