On a partner's dissociation, his or her right to participate in the management and conduct of the partnership business terminates

a. True
b. False
Indicate whether the statement is true or false


True

Business

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Assume that an auditor notes a large series of checks that does not clear the bank for an unusually long time after period end. Which of the following would the auditor likely suspect from this observation?

a. Vendors are eager to get their payments. b. The reconciliation is accurate. c. Cash does not exist. d. The presence of held-checks at period-end.

Business

Although focus groups should encourage open, free-wheeling information, who has the task of ensuring that the conversation stays focused?

A) focus group manager B) focus group moderator C) focus group gate keeper D) quantitative research assistant (QRA) E) none of the above

Business

Through the data mining application of ________, marketers offer promotions to noncustomers who share demographic characteristics with current customers

A) customer retention B) customer loyalty C) customer acquisition D) customer abandonment E) market basket analysis

Business

____ decision making seeks a solution that most of the group can agree to while trying to resolve any concerns or objections that the minority has.

A. Consensus B. Consultative C. Authoritarian D. Open management

Business