Common job characteristics that an organization is willing to pay for, such as skill, effort, responsibility, and working conditions, are called:
A. employee stock-ownership plans.
B. compensable factors.
C. workload standards.
D. benchmark jobs.
Answer: B
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Which of the following items is not a control plan of the purchasing process?
a. minimize inventory carrying costs b. approved purchase order c. compare vendors for favorable prices, terms, quality, and product availability d. PO confirmation to requesting department
Which one of the following statements is true?
a. The audit committee provides contact between the board of directors and the key officers of the company. b. The audit committee has become less involved in the financial accounting system as a result of the Foreign Corrupt Practices Act. c. The audit committee is a board of directors subset that acts as a direct contact between the stockholders and the independent accounting firm. d. The board of directors consists of the company's external auditors.
Which of the following independent transactions would cause net income to be more than cash from operating activities?
a. A decrease in the accounts receivable account b. An increase in the merchandise inventory account c. An increase in the accounts payable account d. An increase in the accrued wages payable account
Which survey method results in the worst response rate?
A. Mail B. Telephone C. Personal D. Internet