A good internal control system does which of the following?

A) Guarantees the efficiency and effectiveness of operations
B) Reduces the risk of undetected errors
C) Provides absolute assurance that no errors will occur
D) Guarantees that fraud will be prevented


B) Reduces the risk of undetected errors

Business

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Which statement is true about import restrictions?

a. They decrease the volume of exports. b. They lead to more jobs for domestic workers. c. They decrease imports and increase exports. d. They are more conducive to prosperity than free trade.

Business

Explain the difference between elastic demand and inelastic demand

What will be an ideal response?

Business

________ attempts to expand understanding of the unknown

A) Syndicated research B) Secondary data C) Applied research D) Pure research E) Primary data

Business

The Acme Global Corporation needed to hire 45 new advertising sales agents. The applicant pool consisted of 100 African-American males and 100 white males. Of the 200 applicants, Acme Global hired 20 of the African-American males and 25 of the white males. Is there evidence of disparate impact?

A. Yes, the selection rate of 20 percent is less than 80 percent, so the Four-Fifths Rule is not met B. Yes, the selection rate of 25 percent is less than 80 percent, so the Four-Fifths Rule is not met C. No, the selection rate of 25 percent is more than 20 percent, so the Four-Fifths Rule is met D. No, the selection rate of 20 percent is equal to 80 percent of the 25 percent selection rate, so the Four-Fifths Rule is met E. None of the above

Business