A study conducted at a medical billing operation found that the most effective way of dealing with customer complaints was to attempt to change the caller's emotional response rather than deal directly with the problem
Indicate whether the statement is true or false.
Answer: FALSE
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A fraudulent transfer occurs when a debtor makes payment on a prebankruptcy debt up to a year before filing for bankruptcy.
Answer the following statement true (T) or false (F)
A clerk embezzles customer payments on account and covers up the theft by making an adjustment to the accounts receivable ledger. Describe a specific internal control procedure that would prevent this fraud
Lilly LLC wants to make a profit of $30,000. It has variable costs of $99 per unit and fixed costs of $20,000. How much must it charge per unit if 5,000 units are sold?
A) $84 B) $69 C) $99 D) $109
Which of the following is a disadvantage of starting a business from scratch?
A. It takessheer sweat equity to build a customer base. B. The entrepreneur incurs high overhead costs. C. It results in incompetent customer service. D. There is no scope for creativity.