When an employee is given ______, the employee has to accept a position-based obligation to the organization to use those resources that the employee was given to help the organization meet its goals.

A. sustainability
B. authority
C. responsibility
D. accountability


B. authority

Business

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Mr. and Mrs. Lester failed to report a $40,540 capital gain on their 2018 Form 1040. The gross income reported on the return was $169,404, and the return was filed on January 20, 2019. What is the last date on which the IRS can assess additional tax for 2018?

What will be an ideal response?

Business

Ratio analysis, common-size analysis, and analysis of the dollar and percentage changes in each income statement item over the previous year are useful for this purpose

a. True b. False Indicate whether the statement is true or false

Business

How do the tests of controls affect substantive tests?

Business

A ______ is a division or department within the organization that brings in no revenue or profit for the organization. This type of division or department only costs money for the organization to run.

A. revenue center B. business center C. cost center D. productivity center

Business