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What is the premise underlying the use of benchmarking? Why is it helpful to the auditor?

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What is the premise underlying the use of benchmarking? Why is it helpful to the auditor?

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Benchmarking is a process used in auditing to assess the performance efficiency or effectiveness of a company s financial or operational processes by …View the full answer


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Related Book For  answer-question
Auditing A Practical Approach

Auditing A Practical Approach

ISBN: 9780730382645

4th Edition

Authors: Robyn Moroney, Fiona Campbell, Jane Hamilton

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Question Details
Chapter # 8- Execution of the audit — testing of controls
Section: Review Questions
Problem: 19
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Question Posted: September 23, 2023 06:42:37
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