Which one of the following statements does NOT relate to ethical principles of records management?

A) Confidentiality of personal information B) Validity of information
C) Security of physical equipment D) Setting policies and standards


D

Business

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Which one of the following items is not part of the minimum lease payments from the standpoint of the lessee?

a. The minimum rental payments called for by the lease b. Any guarantee the lessee is required to make at the end of the lease term regarding any deficiency from a specified minimum c. Any estimated residual value at the end of the lease term d. Any payment the lessee must make at the end of the lease term to purchase the leased property under a bargain purchase option

Business

A straight draw compensation plan ties an individual's compensation directly to his sales performance

Indicate whether the statement is true or false

Business

Which of the following would be categorized as a sudden crisis if faced by an electronics firm?

A) mismanagement in the finance department B) conflict among union and non-union workers C) a fire destroying the main manufacturing facility D) drastic decline in consumer demand for products E) numerous blogs posted by unhappy customers

Business

Procedures designed to protect cash from theft and misuse from the time it is received until it can be deposited in a bank are called

A) accounting controls B) cash controls C) preventive controls D) detective controls

Business