_____ involves a systematic monitoring of the supply environment to assure a continual economic supply of goods and services
a. Operational support and follow-up
b. Market intelligence
c. Administration and data management
d. Material handling
e. Sourcing, negotiation, and contract management
b
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Factors that the auditor should consider as increasing the effectiveness of the audit committee include all of the following except whether:
A. It interacts regularly with internal audit personnel. B. It asks management difficult questions. C. It is independent of management. D. It is comprised almost exclusively of members of management, ensuring detailed knowledge of the company's operations.
Which of the following is the first step in the accounting cycle?
A) Prepare financial statements. B) Analyze business transactions from source documents. C) Prepare an adjusted trial balance. D) Post the journal entries to the ledger.
Which kind of marketing involves sending a pamphlet or flyer containing an offer to a person at a particular address?
A) direct-response advertising B) dynamic imaging C) catalog D) direct mail E) Internet marketing
The Sinking Fund Earnings account is reported as:
a. a contra-revenue account on the income statement. b. a current asset on the balance sheet. c. a long-term investment asset on the balance sheet. d. other revenue on the income statement. e. a current liability on the balance sheet.