Which control does not help to ensure that accurate records are kept of customer accounts and inventory?
a. reconcile accounts receivable control to accounts receivable subsidiary
b. authorize credit
c. segregate custody of inventory from record keeping
d. segregate record keeping duties of general ledger from accounts receivable
B
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Which of the following statements is MOST sender-centered?
a. Congratulations on your new job with the sales department. b. I want to take this opportunity to offer my thanks for the service provided. c. Please send a copy of your annual report. d. All customers receive a discount with the coupon.
A useful guideline in designing strategy-facilitating policies and operating procedures is
A. to prescribe enough policies and procedures that little is left to chance in performing value chain activities, and employees should have no leeway to do things in a manner that deviates from the company's best-practices standard. B. to prescribe enough policies to give organizational members clear direction in implementing strategy and to place reasonable boundaries on their actions. This then empowers them to act within these boundaries in pursuit of company goals. C. that strictly enforced policies work better than loosely enforced policies. D. that more policies/procedures work better than fewer policies/procedures, and that strict enforcement always beats lax enforcement. E. to let individuals act in an empowered and self-directed way, subject only to the constraint that their actions and behavior be ethical and in step with the corporate culture.
The CIP model classifies leaders into three types: charismatic, ideological, and pragmatic. A study that used a computerized leadership simulation found that
a. charismatic leaders were the best in overall effectiveness b. ideological leaders were the best in overall effectiveness c. pragmatic leaders were the best in overall effectiveness d. the three types of leaders did not differ in their overall effectiveness
Unlike other not-for-profit entities, the FASB requires health care entities to prepare a statement of changes in net assets.
Answer the following statement true (T) or false (F)