What is the term used to describe the policies and procedures that are designed to reduce the opportunities for fraud?
A. Financial systems
B. Asset source transactions
C. Accounting standards
D. Internal controls
Answer: D
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The set of techniques used for implementing planned change to make people and organizations more effective is called
A. corporate transformation. B. TQM. C. revitalization. D. organizational development. E. incremental innovation.
Participative decision making is associated with:
A. the ability to know the possibilities of a situation. B. less creativity among employees. C. reduced productivity. D. employee job satisfaction.
Which of the following factors is the basis on which the Revised Uniform Partnership Act (RUPA) determines that a partnership exists?
A) the nationality of the partners B) age of the partners since the lifetime of the partnership will be determined by their age C) a joint ownership of the business D) number of partners since profits will need to be divided accordingly
Which person is responsible for establishing performance expectations for suppliers and developing ways to measure their performance?
A. salesperson B. plant manager C. purchasing manager D. distribution channel manager E. warehouse manager