More people fear speaking in public than fear dying
Indicate whether the statement is true or false.
True
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Which of the following describes the risk assessment component of internal control?
A) Internal auditors monitor company controls to safeguard assets, and external auditors monitor the controls to ensure that the accounting records are accurate. B) Risk assessment is the "tone at the top" of the business. C) A company must identify its risks and take necessary steps to minimize them. D) Risk assessment is designed to ensure that the business's goals are achieved.
The source of communication in a sales presentation is the producer/manufacturer.
Answer the following statement true (T) or false (F)
A company's acceptance of credit cards like Visa is an example of
A) securitization. B) factoring with recourse. C) discounting. D) factoring without recourse.
Which of the following is true for the passage of title in a contract requiring a document of title?
A) The title passes when the shipping arrangements are made. B) The title passes at the time and place of contracting. C) The title passes when the destination of delivery is first mentioned in the contract. D) The title passes when and where the seller delivers the document to the buyer.