The agent's ability to transact business on behalf of and for the principal depends on whether the agent possesses:
a. actual authority
b. apparent authority c. quasi-authority
d. actual or apparent authority
e. actual or apparent authority or quasi-authority
d
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Which of the following is not a limitation of the internal control system?
a. errors are made due to employee fatigue b. fraud occurs because of collusion between two employees c. the industry is inherently risky d. management instructs the bookkeeper to make fraudulent journal entries
Which of the following statements is true regarding social classes in the United States?
A) Social class is determined by income alone. B) Lines between social classes in the United States are fixed and rigid. C) Social classes show distinct product preferences in clothing and automobiles. D) Wealth is more critical than education level in measuring social class. E) People are relegated to a permanent social class in the United States.
________ questions require a prospect to go beyond a simple yes/no response
Fill in the blanks with correct word
In the ________ method to budgeting, sales are projected for the coming year based on the marketing manager's estimates.
A. straight-percentage B. unit cost production C. competitive parity D. arbitrary E. objective and task