If a country with a population of 1.37 million people has a per capita GDP of $21,104, what is the country's GDP to the nearest tenth of a billion dollars?
$28.9 billion
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Which of the following is a benefit derived from budgeting?
A. Budgeting provides a basis for evaluating performance. B. Budgeting avoids the need for incentives to improve employee performance. C. Budgeting eliminates the need for coordination across departments. D. Budgeting avoids needing industry and economic factors in decision making. E. Budgeting focuses management's attention on past performance.
Which of the following is a major control risk related to payroll?
A) theft of inventory by staff B) a dishonest employee cashing a paycheck that was written to a fictitious person C) expenses being recorded as assets in order to manipulate earnings D) contracts being awarded to relatives of employees