Which of the following control plans will detect discrepancies between the attendance time and job time?
a. approve attendance time data and job time data
b. distribute labor costs
c. independent paycheck distribution
d. use payroll clearing account
B
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Which of the following is a correct statement regarding implied warranties?
A. The seller cannot include a clause in the sales contract that excludes implied warranties. B. Implied warranties are absolute. C. The courts do not favor implied warranties. D. One of the implied warranties of quality imposed under the Uniform Commercial Code is the implied warranty of merchantability.
Answer the following statements true (T) or false (F)
1. Organizational Stewards develop transactional relationships with their organizations. 2. Social auditing is becoming a common business practice. 3. There is no guarantee the higher CSR will lead to higher company profits. 4. At the foundation level of CSR, an organization must be profitable otherwise they could go bankrupt and may not be able to carry on. 5. Corporate advocacy is purely for monetary gains.
Which direction of communication can leave higher-level management ignorant of what is really going on in the organization?
a. Upward b. Downward c. Horizontal d. Lateral
Asset accounts normally have debit balances and revenue accounts normally have credit balances.
Answer the following statement true (T) or false (F)