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CHAPTER 8: STRATEGY, REVIEW, EVALUATION AND CONTROL (Corrective actions…
CHAPTER 8: STRATEGY, REVIEW, EVALUATION AND CONTROL
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Balanced scorecard
approach strategy evaluation aims to balance LT with ST concerns, to balance financial & non financial concerns , to balance internal & external concerns
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Auditing
a systematic process of objectively obtaining&evaluating evidence regarding assertions about economic actions&events to ascertain the degree of correspondence between these assertions&established criteria, & communicating the results to interested users
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