An example of an internal control weakness is to assign the human resource department responsibility for:
A. Interviewing employees for jobs.
B. Hiring personnel.
C. Maintaining time cards.
D. Authorizing deductions from pay.
Answer: C
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The independent variable in the persuasion matrix that takes into account the passage of information from one person to another is
A. the destination. B. the behavior. C. the message. D. the retention. E. the source.
England Corporation issued a $400,000, 5.5%, 10-year bonds payable at 101 on January 1, 2009. The bonds are retired on January 1, 2019.
Prepare the journal entries on the date of issuance and at the date of retirement. Omit explanations.
A manufacturer of a product in the decline stage of its product life cycle would be LEAST likely to do which of the following?
A) continue producing the product for loyal users B) reduce the advertising budget for the product C) phase out production of the product D) advertise heavily without changing the product or its target market E) withdraw most marketing support for the product and rely on e-commerce
When a marketing manager decides to run a quarter-page ad in the business section of the local newspaper to promote goodwill toward his company, he is executing part of a tactical plan
Indicate whether the statement is true or false