A good environmental control over purchases and payables would be to have ________.
A) the accounting department independent of the sales department
B) the sales department independent of the shipping department
C) the purchasing department independent of the receiving department
D) the information systems department independent of the accounting department
C) the purchasing department independent of the receiving department
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Which of the following is not a reason for a corporation to acquire treasury stock?
A) to reduce the likelihood of being acquired by another company B) to maintain the market price of the company's stock C) to reduce the earnings per share D) to be used in the acquisition of other companies
Service companies can differentiate their service delivery by having more able and reliable customer-contact people
Indicate whether the statement is true or false
Evaluating the value chain and capacity issues are not part of the budgeting process
Indicate whether the statement is true or false
Which of the following areas is not addressed by an organization's mission statement?
a. the purpose for which the organization exists b. what the organization wants to accomplish c. the organization's strategic plan for fulfilling its mission d. how its products can uniquely meet the needs of its customers.