Answer the following statements true (T) or false (F)
1) Internal control is an organizational plan that ensures that the financial statements are prepared and submitted on time.
2) Controlling operations is a key responsibility of a business manager.
3) It is important for a business to identify policies which ensure that all customers are treated similarly and that results can be measured effectively.
4) Promoting operational efficiency reduces expenses and business profits.
5) If a company does not protect its assets, it is throwing away resources.
1. FALSE
2. TRUE
3. TRUE
4. FALSE
5. TRUE
You might also like to view...
Mini-Case Question. Dow developed a digital marketing channel for its more price-sensitive customer segment. Which operational component of the channel performance did Dow improve?
A) product quality B) after-sales service C) customer reach D) sales margins E) net price
When preparing your message for your audience, which of the following will have the least effect on the adaptation process?
A) The size of the audience B) The scope of the presentation C) The subject of the presentation D) The purpose of the presentation E) The venue for the presentation
__________is(are) the basic application of our values.
A. Authority B. Responsibility C. Principles D. Ethics
Because message expectations and social conventions differ among cultures, effective communicators adapt their strategies when communicating with various audiences
Indicate whether the statement is true or false