The following statements are from which section of the UK Combined Code?
1:The board should disclose a balanced and understandable assessment of the company's position and prospects in the financial reports.
2:The board should maintain an appropriate relationship with the company's external auditor.
The secondary objectives of a not-for-profit organisation are economy, efficiency and effectiveness.
Which of the following gives the correct description of each of these?
A
Economy: Controlling costs.
Efficiency: Achieving objectives at minimum cost
Effectiveness A measure of achievement by reference to objectives
B
Economy Achieving objectives at minimum cost
Efficiency: A measure of achievement by reference to objectives
Effectiveness Controlling costs.
C
Economy: Controlling costs.
Efficiency: A measure of achievement by reference to objectives.
Effectiveness: Achieving objectives at minimum cost.
D
Economy: Achieving objectives at minimum cost.
Efficiency: Controlling costs.
Effectiveness A measure of achievement by reference to objectives
Which of the following would be a useful KPI to highlight increasing recruitment costs?
Cyber and physical systems becoming increasingly autonomous is part of which characteristic of the 4th industrial revolution?
TESTED 02 May 2024
