Which of the following is a specific corporate governance responsibility of Executive Management?
a. Approving major changes, such as mergers..
b. Approving non-audit work performed by the audit firm.
c. Reviewing the budget of the internal audit function.
d. Implementing an effective ethical environment.
d
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Private branding refers to a branding strategy in which a firm ________.
A. produces products but sell them under the brand name of a wholesaler or retailer B. uses one name for all its products in a product class C. gives each product a distinct name when each brand is intended for a different market segment D. contractually, and for a fee, allows other firms to use its brand name, requiring that the product be made to its specifications E. uses different brand names for the same product across multiple countries
Which of the following budgets can be used for control?
A) production budget B) cash budget C) budgeted income statement D) selling and administrative expense budget E) all of these
Which of the following is a consequence of having a global supply chain?
A. reduction in communication problems B. increase in speed of delivery of supplies C. better quality control because of easy supervision D. longer lead times
Melanie is writing a persuasive message asking his employees to complete an online company survey. Which of the following should he do when writing his message?
a. Use long, descriptive paragraphs. b. Use abstract nouns and passive verbs. c. Focus repeated attention on the benefits to the company. d. Use a deductive outline.