Large-volume information systems were first built to automate accounting transactions and then progressed to include manufacturing, administration, and sales transactions

Indicate whether the statement is true or false


TRUE

Business

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Which statement pertains to parallel translation?

A) If the translator is not fluent in both languages and not familiar with both cultures, direct translation of certain words and phrases may be erroneous. B) A committee of translators, each of whom is fluent in at least two of the languages in which the questionnaire will be administered, discusses alternative versions of the questionnaire and makes modifications until consensus is reached. C) The questionnaire is translated from the base language by a bilingual speaker whose native language is the language into which the questionnaire is being translated. D) Repeat translations and back translations may be necessary to develop equivalent questionnaires, and this process can be cumbersome and time consuming.

Business

Describe the factors taken into account in positive leadership: employee capability, manager–employee interactions, and management style.

What will be an ideal response?

Business

On August 1, Covington Motors pays £18,000 for insurance coverage for the next 12 months. On August 1, the firm records the following journal entry:

a. Prepaid Insurance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18,000 Insurance Expense . . . .. . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . 18,000 b. Prepaid Insurance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18,000 Cash. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18,000 c. Insurance Expense. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18,000 Prepaid Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18,000 d. Liability for Prepaid Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18,000 Cash. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18,000 e. Prepaid Insurance. . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . 18,000 Liability for Prepaid Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 18,000

Business

Which one of the following is a time management skill that can help sales professionals in achieving success:

A. Always overcommit to nonessential tasks at the expense of core work tasks. B. Try not to be selective in prioritizing time and spend time on high-priority tasks. C. Do not worry about of the time needed to complete tasks. D. Always maintain a systematic account for the outcomes you aim to achieve before allocating time to achieve these outcomes. E. Avoid following a plan to allocate efforts across goals, activities, and time periods.

Business