When beginning the process of locating data, which of the following is frequently the best place to start?
A) Corporate websites
B) Secondary research
C) Knowledge management systems
D) Executive dashboards
E) Primary research
Answer: B
Explanation: B) Research done previously for another purpose is considered secondary research; sources for such research information include magazines, newspapers, public websites, books, and other reports. You want to start with secondary research because it can save you considerable time and money for many projects.
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Current assets are listed on the balance sheet from the most liquid to least liquid
a. True b. False Indicate whether the statement is true or false
Who evaluates the accounting system, including its ability to record transactions properly and its operational effectiveness, and also determines whether the financial reports prepared conform to the requirements of the applicable authoritative guidance?
a. management b. general counsel c. independent auditor d. financial vice-president e. controller
Pamela applies for a life insurance policy with Forever Young Insurance Company. When completing the application form about past surgeries, Pamela forgot about a past outpatient surgery when she had an infected hang-nail removed and her toe treated. One year after issuing the policy, Pamela died suddenly from a brain aneurysm. Forever Young denies payment under the policy based on misrepresentation. If Pamela's sister, Paula, sues Forever Young, she will most likely
A. win, because once an application has been accepted, an insurer may not use a misrepresentation on the application to avoid liability. B. win, because Pamela's misrepresentation was not a material fact and did not increase Forever Young's risk in insuring Pamela's life. C. lose, because Pamela's application contained a misrepresentation of material fact. D. lose, because an insurer can always use any misrepresentation on an application to avoid paying.
The macro view of entrepreneurship presents factors exhibiting a strong _____ locus of control.
a. internal b. external c. environmental d. contemporary