<u>It serves the interests of client management rather than the public.</u>
The special function performed by the external auditing profession is the attestation to the fairness of the financial statements of clients.
"The special function helps ensure the reliability and integrity of the financial reporting system. The auditing profession exists to serve the users of an organization's financial statements. Auditors need to remember that they are serving the public interest and not necessarily the interests of client management."
"The special function is a testament that the financial statements of their client are fair. This function serves all users of the financial statement, to ensure they all will be receiving reliable financial information."
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Answer:
Janine is an accountant who makes $30,000 a year. Robert is a college student who makes$8,000 a year. All other things equal, who is more likely to stand in a long line to get a cheap concert ticket?
Robert; his opportunity cost is lower
Explanation:
Robert has loss of potential gain from the alternative available, his low income will made him to queue in order to get the concert ticket
The answer is macroeconomics
Answer:
b. New brands require higher spending to reach a minimum level of exposure needed to affect purchase habits
Explanation:
New brands with a small market share tend to spend proportionately more for advertising and sales promotion than those with a large market share because a certain minimum level of exposure is needed to measurably affect purchase habits.
Strategic leaders manage the firm's portfolio of resources by organizing them into capabilities, structuring the firm to use the capabilities, and developing and implementing a strategy to leverage those resources to achieve a competitive advantage.
<h3>What is strategic leadership and how do you become a strategic leader?</h3><h3>Strategic leadership skills and characteristics</h3>
Key traits of an effective strategic leader include loyalty to the organization's vision, judicious use of power, transparency, effective communication, problem-solving, readiness to delegate, passion for their job, compassion, and empathy for others and self-awareness.
<h3>Why is strategic planning considered a core responsibility of an effective leader?</h3>
“Strategic planning” means planning for long-term success by continually leveraging new sources of information.
A strategy enables leaders to anticipate changes, opportunities, and challenges in the business environment that will make an impact on the future of the organization and its members.
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