In a given year, the average annual salary of a NHL hockey player was $205,000 with a standard deviation of $24,500 . If a simple random sample of 50 players was taken, what is the probability that the sample mean will exceed $210,000?
0.0749
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________ are the components of an organization that can be seen and heard, such as office layout, dress, orientation, stories, and written material.
A. Apparitions B. Unconscious assumptions C. Incendiaries D. Visible artifacts E. Organizational divestitures
The following set of items describes activities completed by a company in purchasing and paying for merchandise. For each activity, identify whether or not the activity adheres to or violates sound internal control procedures. The receiving department compares the quantity received with the quantity printed on the receiving report when the purchase order was prepared
a. Adheres to sound internal control procedures b. Violates sound internal control procedures c. Neither strengthens nor violates internal control
Magnus’s teacher suggested he should be a nurse because he was always genuinely concerned for the physical and mental well-being of others. Magnus began believing he would become a nurse, based on his teacher’s and others feedback. Magnus’s teacher’s influence on him to become a nurse falls under the ______ communication metaphor.
A. transmission B. transaction C. interaction D. social construction
Answer the following statements true (T) or false (F)
1. A system cannot be overcome or broken into if its internal controls are properly designed and structured. 2. It is difficult and costly to plan controls that can prevent collusion. 3. Strict internal controls must be implemented, regardless of the cost. 4. Internal controls must always be judged in light of their costs versus their benefits. 5. Collusion involves two or more people working together to circumvent internal controls and defraud a company.