Who's responsibility is it to make sure borrowers have the ability to repay their loans and the willingness to use their resources to do so?
A) Yours
B) Government
C) FICO
D) Lenders
E) IRS
D) Lenders
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Which one of the following situations reflects a weak internal control system?
a. All employees are well supervised. b. A single employee is responsible for comparing a receiving report to an invoice. c. All employees must take their vacations. d. A single employee is responsible for collecting and recording of cash.
Which of the following refers to the process of deciding which customers will get scarce products during product shortages?
A) delegating B) prospecting C) allocating D) dispersing E) targetting
Similar to financial accounting reports, management accounting reports are standardized in format
Indicate whether the statement is true or false
It is most accurate to say that customers buy from stores and companies that offer which of the following?
A) the highest value for the dollar B) the highest customer perceived value C) the highest level of customer satisfaction D) the most attractive company image E) the most concern for society's interests