Which cultural group within the workplace prefers communicating with short digital messages?
A) Millennials
B) Generation X
C) Generation Y
D) Baby boomers
E) Senior level executives
Answer: C
Explanation: C) Generation Y workers (those born between 1981 and 1995) have a strong preference for communicating via short digital messages, but baby boomers (born between 1946 and 1964) and Generation X workers (1965 to 1980) sometimes find these brief messages abrupt and impersonal.
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Which of the following is considered a liquidity analysis tool?
a. gross profit ratio b. acid-test ratio c. dividend yield ratio d. return on assets ratio
____ focuses more on creating a culture of openness than eliminating opportunities
a. Proactive auditing b. Installing good internal controls c. Monitoring employees d. Creating a positive work environment
Regarding the chapter’s strategic planning model, the internal audit seeks to identify ______.
a. the important competitors in the marketplace b. the organization’s core competencies c. key drivers of the accounting department d. ambient conditions.
Illusion of control, discounting the future, and framing effects are examples of
A. ready-made solutions. B. strategic planning steps. C. psychological biases. D. time pressures. E. social realities.