Each of the following is a feature of internal control except
a. limited access to assets.
b. periodic independent verification.
c. management compensation packages.
d. authorization of transactions.
C
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Even if employees persist and continue learning about their host country's culture, they rarely recover from culture shock.
Answer the following statement true (T) or false (F)
The objective of a ________ communication strategy is to motivate channel intermediaries to carry a particular product or brand and, in this way, make it more available to consumers
A) push B) pull C) pulsing D) lateral E) heavy-up
Hassan was the company plotter. Give him any data set and he could plot a graph that was not only accurate, but also aesthetically pleasing. One afternoon he took some attribute data and plotted it as a p-chart
When Saba, his supervisor, saw the plot he insisted it be discarded and in its place a c-chart should be constructed. Hassan made the c-chart and noticed that when he placed the two charts one on top of the other, the lines created by the data points were exactly the same shape. Has our plotting colleague made a mistake? If not, why should there be these two types of charts when the data generate identical lines?
On April 1, Garcia Publishing Company received $1,548 from Otisco, Inc. for 36-month subscriptions to several different magazines. The company credited Unearned Fees for the amount received and the subscriptions started immediately. Assuming adjustments are only made at year-end, What is the adjusting entry that should be recorded by Garcia Publishing Company on December 31 of the second year?
A. debit Unearned Fees, $387; credit Fees Earned, $387. B. debit Unearned Fees, $129; credit Fees Earned, $129. C. debit Unearned Fees, $1,161; credit Fees Earned, $1,161. D. debit Unearned Fees, $516; credit Fees Earned, $516. E. debit Unearned Fees, $1,548; credit Fees Earned, $1,548.