__________is based on the assumption that the future will be an extrapolation of the past
A) Judgmental forecasting
B) Statistical forecasting
C) The Delphi method
D) The Cooke method
B
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Which of the following frauds is most common?
a. Chief financial officer misappropriation of funds. b. Misapplication of revenue recognition principles. c. Management's theft of cash held in reserve accounts. d. Over-recording expenses related to stock options.
What is the first step in workflow analysis?
A. Identify the end result of the work process B. Examine the work process used to generate the product C. Determine the people needs D. Analyze which processes lead to which inputs E. Identify all inputs used.
Vela Enterprises Inc would like to prepare a summary cash budget for March. The following information is available: · The cash balance at March 1 was estimated to be $3,000. · March sales, all on account, were estimated to be $50,000. Sales are collected over a two-month period with 65 percent collected in the month of sale and the remainder in the subsequent month. February sales on account
were $60,000. · Inventory purchases are expected to be $20,000 in March. The company pays for one-half of inventory purchases in the month of purchase and the remainder in the subsequent month. February's purchases were $18,000. · Cash disbursements for selling and administrative expenses are expected to be $4,000 in March. · Depreciation expense for March is expected to be $5,000. · Loan and interest payments for March are expected to be $25,000. What is the cash balance at the end of March expected to be? A) $ 8,500 B) $ (3,500) C) $ 3,500 D) $26,500
Answer the following statement(s) true (T) or false (F)
1. If a successful foundational relationship is established in the contracting stage, the consulting agreement has a less likelihood of success. 2. Advice and counsel on behaviors of specific individuals or job applicants is an inappropriate OD practitioner role. 3. All client types have the same needs or expectations as do others. 4. Contracting requires a written legal form. 5. According to Schein, contracting has both formal and psychological components.