Using secondary sources of information reduces the time taken for competitive research

Indicate whether the statement is true or false


TRUE

Business

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Which of the following control activities requires that employees take vacations?

a. Separation of duties b. Physical controls c. Periodic independent verification d. Sound personnel procedures

Business

Which of the following is an advantage of a general partnership?

A) It has an unlimited lifetime. B) Taxes are levied on a partnership and not on its owners. C) Expenses required for creating a partnership are low. D) Ownership interests are easily transferable.

Business

When rehearsing a presentation, simulate the actual speaking conditions as much as possible

Indicate whether the statement is true or false

Business

A voucher's check is a check drawn by one bank on another bank

Indicate whether the statement is true or false

Business