Which responsibility center managers are responsible for both generating revenue and either controlling costs or efficiently managing invested capital?
A) cost and profit centers
B) revenue and profit centers
C) profit and investment centers
D) revenue and investment centers
C) profit and investment centers
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Audit objectives for the database management system include all of the following except
a. verifying that the security group monitors and reports on fault tolerance violations b. confirming that backup procedures are adequate c. ensuring that authorized users access only those files they need to perform their duties d. verifying that unauthorized users cannot access data files
Principles developed by Ivy Lee in working with the press on behalf of business included ________
A) recognition that any publicity was good as long as a client's name was spelled correctly B) commitment to present his client's point of view honestly, accurately, and forcefully C) formation of third-front organizations D) creation of "people in the street" interviews
Which of the following is considered a liquidity analysis ratio?
A) Return on total assets ratio. B) Quick ratio. C) Dividend yield ratio. D) Return on sales ratio.
Which of the statements below describes the IRR decision criterion?
A) The decision criterion is to accept a project if the IRR falls below the desired or required return rate. B) The decision criterion is to reject a project if the IRR exceeds the desired or required return rate. C) The decision criterion is to accept a project if the IRR exceeds the desired or required return rate. D) The decision criterion is to accept a project if the NPV is positive.