Q5
When an industry relies heavily on government contracts, which forecasts can be the most important part of an external audit
A.
Economic
B.
Competitive
C.
Political
AnswerD.
Multinational
Answer: Option C
Solution
Answer: Option C
Solution:
When an industry relies heavily on government contracts, Political forecasts can be the most important part of an external audit. Political forecasting provides the contexruulity needed for decision-making and for forecasting 'non-political' trends.