PFMP · Question #742
PFMP Question #742: Real Exam Question with Answer & Explanation
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Question
Even though you do not work in an industry that is heavily regulated by your government, such as in new product development, health, or safety, recently your government issued a mandate that senior management of all corporations must certify the accuracy of reported financial statements to prevent any accounting fraud. These controls are to be implemented in the next fiscal year. This obviously is not in your portfolio strategic or management plans but is an example of a(n):
Options
- AMandated component
- BEnterprise environmental factor
- CStrategic change
- DEmergent program
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