All of the following are control risks associated with the distributed data processing structure except

a. lack of separation of duties
b. system incompatibilities
c. system interdependency
d. lack of documentation standards


C

Business

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A general manager at a department store is giving an important presentation to several departments to engage the whole staff in a new customer retention effort beginning this month. This is an example of   

A. planning. B. organizing. C. leading. D. controlling. E. marketing.

Business

Which of the following tells the reader about the content of the section that follows?

A) Heading B) Subheading C) Major heading D) Descriptive heading E) Informative heading

Business

Which of the following statements is TRUE of an activity-based costing system?

A) It uses separate predetermined overhead allocation rates for each activity. B) It is not as accurate or precise as traditional costing systems. C) It accumulates overhead costs by processing departments. D) It is not as complex or as costly as traditional systems.

Business

A company records the following journal entry: debit Cash $1,470, debit Sales Discounts $30, and credit Accounts Receivable $1,500. This means that a customer has taken what percentage cash discount for early payment?

A. 10% B. 5% C. 2% D. 15% E. 1%

Business