Which of the following describes the risk assessment component of internal control?

A) Internal auditors monitor company controls to safeguard assets, and external auditors monitor the controls to ensure that the accounting records are accurate.
B) Risk assessment is the "tone at the top" of the business.
C) A company must identify its risks and take necessary steps to minimize them.
D) Risk assessment is designed to ensure that the business's goals are achieved.


C

Business

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Which of the following lists consists of support activities?

A. customer service, information systems, technology development, and procurement B. human resource management, technology development, procurement, and general administration C. human resource management, customer service, marketing and sales, and operations D. human resource management, technology development, customer service, and procurement

Business

Kantian ethics is also referred to as ________ ethics

A) relativistic B) utilitarian C) duty D) nihilistic

Business

Which of the following best describes the acceptance of the marketing concept by American organizations??

A. ?The marketing concept has yet to be fully accepted by all organizations. B. ?All organizations fully utilize the marketing concept to run their businesses. C. ?Nearly half of all organizations are still in the sales orientation and have not implemented the marketing concept. D. ?Most organizations have really not accepted the marketing concept because of its many costs and problems. E. ?Although American organizations fully accept the marketing concept, many foreign companies do not.

Business

A flexible-price policy means offering

A. different products and quantities to different customers at the same prices. B. the same product and quantities to different customers at different prices. C. the same product and different quantities to different customers at the same prices. D. different products and quantities to different customers at different prices. E. the same product and quantities to different customers at the same prices.

Business