Business process management systems monitor the execution of the business processes so that managers can analyze and change processes in response to data, rather than on just a hunch
Indicate whether the statement is true or false
TRUE
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Which of the following is an inherent limitation of internal controls?
a. Lack of auditor independence. b. Collusion. c. Separation of duties. d. Employee peer review.
U.S. GAAP and IFRS provide firms considerable flexibility in choosing their depreciation method(s)
Indicate whether the statement is true or false
According to the elements of bureaucracy, which of the following is a criterion for promoting employees?
A. ?Experience or achievement B. ?Political influence C. ?Relationship with the managers D. ?Personal appearance
A salesclerk at Sparkle Jewelry Store observed a customer remove a ring from a display case and put it in his pocket. In most states, Sparkle
a. can reasonably detain the customer for suspicion of shoplifting. b. cannot detain the customer but can alert the police. c. cannot detain the customer but once the customer leaves the store, the salesclerk can make a citizen's arrest. d. cannot detain the customer but can sue for conversion.