________ are best described as costs that occur due to political maneuvering by managers to control capital and resource allocation and the resulting inefficiencies stemming from suboptimal allocation of scarce resources.
A. Fixed costs
B. Coordination costs
C. Influence costs
D. Opportunity costs
Answer: C
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In this age of high technology and computer based information systems, why are accountants concerned about physical (human) controls?
The business case for an IT project does not need to address risk, since risk will be factored into the discount rate.
Answer the following statement true (T) or false (F)
You want to collect information to evaluate your sales force in New England. Which of the following would you be LEAST likely to consider in doing so?
A) call reports B) expense reports C) customer satisfaction surveys D) customer turnover rates E) partner relationship management data (PRM)
Research has shown that people make judgments about others in as little as ______.
A. 10 minutes B. 1/10 of one second C. 1 minute D. 30 seconds