All of the following are examples of internal control procedures except:
A. Customer satisfaction surveys.
B. Insistence that employees take vacations.
C. Using pre-numbered documents.
D. Reconciling the bank statement.
Answer: A
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Experts predicting that destination retail will be a future trend believe that consumers will soon visit retailers more for ________ than for the basic process of purchasing products
A) information B) credit services C) comparison shopping D) entertainment E) social opportunities
Companies controlled by other companies, but where less-than-majority owners may exercise control by a variety of means, both those involving stock ownership and those involving nonownership mechanisms are ___________.
Fill in the blank(s) with the appropriate word(s).
Most "conventional" retailers are single-line or limited-line stores that have very low expenses relative to sales.
Answer the following statement true (T) or false (F)
A mystery shopper is a form of which primary data collection technique?
a. observation b. survey c. experimentation d. simulation