Gabriella needs copper wire to make hanging candle lanterns out of antique glass canisters. Based on her previous craft projects, she feels she would find this particular type of wire at Michael's, a large arts and crafts store. Gabriella is relying on a(n) ________ source for her buying situation.
A. selective data
B. rational information
C. internal information
D. primary data
E. motivational data
Answer: C
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There has been an auditor change at Company X. Which of the following situations may NOT signal a potential fraud problem?
a. Failure to pay an audit fee b. Auditee believing that the auditor's fees are too high c. Suspected fraud or other problems by the auditor d. Auditor-auditee disagreement
Given the fact that Terence needs to discuss a difficult situation with his sales manager—the poor financial performance of their store—the best communication channel for such a conversation would be a(n)
Scenario: Terence, a store manager at Imperial Office Supply Inc., received an e-mail from Martin, the chief financial officer for the company. Terence read through the e-mail and interpreted the information that required him to give an update on the sales of the month. Though the sales figures at Terence's location were not satisfactory, he did not want to disappoint Martin by revealing the true situation, so he told him that the store was meeting or exceeding revenue goals according to all of the relevant metrics. Terence then decided to discuss the current problem with the sales manager and get her feedback. A) e-mail message. B) videoconference. C) telephone conversation. D) face-to-face meeting. E) text message.
A(n) ________ distribution shows all possible outcomes and associated probabilities for a given event
A) discrete B) lognormal C) exponential D) probability
Facultative reinsurance is:
A) automatic, on a treaty basis B) always revocable for first 30 days C) arranged separately for each new exposure D) placed with an alien insurer