The Unilever pilot project to test its sustainable development plan was located in ______.
a. United States
b. Brazil
c. Malaysia
d. Mexico
c. Malaysia
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What must an auditor do in an audit?
a. Consider how the economic activity is portrayed in the financial statements. b. Force management to make operational decisions that will improve the company's financial performance. c. Disregard independence in order to find the underlying truth of the evidence. d. Establish new criteria by which financial statements may be compared.
According to the study done by the Securities and Exchange Commission, greatest number of enforcement actions was in the area of ________
a. improper use of off-balance-sheet arrangements b. improper expense recognition c. improper accounting for business combinations d. improper revenue recognition
Which of the following would be a good rule for salespeople to follow in handling their paperwork?
A. Avoid paperwork so that more time is available for sales presentations. B. Manage paperwork on a once-a-month basis. C. Handle paperwork throughout the day. D. Finish paperwork during non-selling times and evenings. E. Politely interrupt a sales interview to get paperwork finished.
When used for performance evaluation, periodic internal reports based on a responsibility accounting system should not
a. be related to the organization chart. b. include allocated fixed overhead. c. include variances between actual and budgeted controllable costs. d. distinguish between controllable and noncontrollable costs.