Question

A consultant hired to evaluate Blue Street Bank's business processes and controls judges that they are haphazard and incomplete. Bess, an executive at the bank, wisely says that _____. Group of answer choices they must establish more rigorous management practices to govern their data this is not a significant cause for concern given the nature of their business no action is necessary since this does not violate external regulations while this is a problem, it cannot affect their ability to make good business decisions

Answer 1

Bess, an executive at the bank, wisely says that (C) no action is necessary since this does not violate external regulations.

Who is a consultant?

• A consultant is a professional who gives advice and other useful services in their field of expertise.
• Consulting services are often classified as professional services.

Who is an executive?

• A business executive is someone who is in charge of running a company, albeit the particular nature of the function varies depending on the company.
• Executives are in charge of companies or government bodies.

• They devise strategies to help their organizations grow.

Because the present circumstance does not infringe external regulations, no action is required.

Therefore, the correct answer is (C) No action is necessary since this does not violate external regulations.

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