Question
What is meant by Due Diligence? Choose 1 Showing that you followed policies and procedures Cooking all food to 100 degrees Making sure everyone gets exactly 5 portions of fruit each day Not having any fat in your diet
Answer
4.7
(137 Votes)
Ylva
Advanced · Tutor for 1 years
Answer
A
Explanation
Due Diligence is the term used usually to refer to the comprehensive evaluation of a decision before reaching an agreement or transaction with others, especially in business activities. It primarily contains a systematic research effort carried out to gather all necessary facts and evaluating a potential course of action. Management conducts this operation during an important process of business like acquiring a management understanding of an organization before the acquisition (pre-acquisition due diligence), or periodically within an organization to isolate process/system improvements. Therefore, among the provided options, the answer should be "Showing that you followed policies and procedures".