The economic value added performance measure focuses on long-term financial performance
Indicate whether the statement is true or false
False
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Which of the following dimensions refers to the ability to perform the service dependably and accurately?
A) reliability B) responsiveness C) assurance D) empathy
Which of the following statements about internal control is TRUE?
A) Internal auditors ensure that the employees follow company policies. B) The treasurer and controller have the same responsibilities. C) External auditors are employees of the company they audit. D) The internal control procedures are known as the "tone at the top."
Which of the following is a disadvantage of audit services (Table 4.3 in the text)?
A) interviewer errors; respondent errors B) data is lacking in terms of content, quantity, and quality C) data may not be representative; quality of data limited D) coverage may be incomplete; matching of data on the competitive activity may be difficult
Under the Uniform Limited Liability Company Act, only the managers of a manager-managed
LLC have the authority to bind the LLC to a contract. Indicate whether the statement is true or false