Flexible-generic job descriptions would most likely be used with a(n) ________ strategy.
A. differentiated
B. cost-cutter
C. customer-focused
D. innovator
Answer: D
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Confirmations of receivables You are the auditor of Maple Bank for the year 2010 . Maple has a large number of customers with consumer loan accounts. The loan accounts have balances averaging $800 in a homogeneous population and the customers usually
pay close attention to their balances. Your preliminary assessment of internal control over the loan area is that control risk is low and results of tests of controls support that assessment. Inherent risk is deemed to be lower as well. Discuss the confirmation process and the types of confirmations that may be used for the audit of Maple Bank. Which confirmation type would you select for Maple and why?
In Q1, a firm sold 23,000 units of a particular product. In Q2, the firm sold 25,000 and in Q3 22,850 units were sold. Assume weights of 0.7 and 0.3 (descending for older data). What is the two period weighted moving average forecast for Q4?
a. 23,616 b. 23,525 c. 23,495 d. Forecast for Q4 cannot be determined from the information given
Imaging refers to:
a. pretending to be someone else. b. deliberately picturing your life as you would like it to be. c. None of the answers are correct. d. taking pictures of yourself at various stages of your life.
Which of the following refers to pay calculated at an hourly rate?
A. compensation B. merit increase C. salary D. wage E. total reward