Which of the following is not an element of the internal control environment?
a. management philosophy and operating style
b. organizational structure of the firm
c. well-designed documents and records
d. the functioning of the board of directors and the audit committee
C
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Kim is having a difficult time working with her new team on a class project. Kim wants to work together as a team which most of the other students want to work on their own parts of the project and put their name on those parts so they get credit for doing their own work. Kim would prefer that the project be submitted by the full team and that all the team members earn the same grade for the completed project. Kim most likely comes from which type of culture?
A. individualistic B. collectivistic C. socialist D. matriarchal
Define and describe three types of communication apprehension.
What will be an ideal response?
Inquiry of entity personnel and a review of lease transactions for the same period can provide evidence on proper cutoff for leases.
Answer the following statement true (T) or false (F)
Which of the following promotion categories is most likely to use the promotion tools of press releases, sponsorships, events, and Web pages?
A) sales promotion B) direct marketing C) advertising D) public relations E) horizontal diversification