Internal control systems are recommended but not required to prevent fraud

Indicate whether the statement is true or false


F

Business

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_____ are the two kinds of spans of control.

A. Tall and short B. Flat and broad C. Tall and hollow D. Hierarchy and nonhierarchy E. Narrow and wide

Business

How has the North American Free Trade Agreement affected U.S. unions?

A) Mexican organizations have increased wages so that U.S. firms no longer have a cost advantage while moving low-skill jobs to Mexico. B) Mexico has moved several manufacturing industries to the United States, thus providing employment opportunities to unionized workers. C) U.S. firms with unionized workforces have moved low-skill jobs to Mexico, thus reducing union membership. D) Low tariffs and restrictions have allowed U.S. firms to sell more products to Mexico, thus increasing employment for union members.

Business

Treasury stock that had been purchased for $6,400 last month was reissued this month for $8,500. The journal entry to record the reissuance would include a credit to

A) Treasury Stock for $8,500 B) Paid-In Capital from Treasury Stock for $8,500 C) Paid-In Capital in Excess of Par/Common for $2,100 D) Paid-In Capital from Treasury Stock for $2,100

Business

To increase your verbal fluency you should plan what you will talk about when you meet someone new. ____________________

Answer the following statement true (T) or false (F)

Business