An effective system of internal control centralizes functions in a single, capable individual
Indicate whether the statement is true or false
False
You might also like to view...
Alexander supervises three workers who repair watches in the jewelry department. He bases his performance appraisal of the workers on the number of watches each employee repairs each week. It appears that Alexander is basing his appraisal on ________.
A. traits B. behaviors C. results D. incidents E. None of the above
Rebecca is a manager in a large publishing house. She and a few other managers do the tactical planning once the strategic plan is prepared. Rebecca is a _____ manager.
A. general B. middle C. top-level D. first-line
In a transaction subject to the Truth-in-Lending Act, all of the terms of a credit instrument must be fully disclosed.?
Indicate whether the statement is true or false
________ are a panel of decision makers who are elected by the shareholders.
A. Registered agents B. Corporate officers C. Stakeholders D. Board of directors