The interviewer asks you to describe a time when you worked successfully as a member of a team. Which of the following is the best way to respond?

A) Reply that you have worked successfully as a team member so many times that no particular instance stands out.
B) Say that you enjoy teamwork such as group problem solving, but that you also work well independently.
C) Tell a success story about a group project, describing your contributions and the results.
D) List the names of the work teams on which you have been a member, and stress that all of these teams have been successful.


C

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For effective internal control over accuracy of transactions, the accounts payable department should compare the information on each vendor's invoice with the:

A. receiving report and the voucher. B. receiving report and the purchase order. C. vendor's packing slip and the purchase order. D. vendor's packing slip and the voucher.

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Neville Co issued 20-year term bonds at a discount in 20x5. Interest is payable semiannually. Which of the following statements is true, assuming that the effective interest method of amortization is used for the bond discount?

A) Interest expense decreases each six-month interest period. B) Interest expense as a percentage of the bond's book value changes from period to period. C) Interest expense increases each six-month interest period. D) Interest expense remains constant in amount for each interest period.

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___________ of firm transformation is concerned with alignment of strategy and deployment of the sustainable strategy?

a. Stage 1 b. Stage 2 c. Stage 3 d. Stage 5

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Ann sells to Bob a piece of property, which has a $70,000 mortgage in favor of First Bank. Bob purchases the property subject to the mortgage. The value of the property declines and there is a default on the mortgage. When First Bank forecloses, the

property sells for only $50,000. a. Can First Bank recover the $20,000 balance from Bob? Explain. b. Can First Bank recover the $20,000 from Ann? Explain. c. What rights does Bob have during and after the foreclosure?

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