Electronic Funds Transfers have controls built into the process and do not require further reconciliation by the client

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


False

Business

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Which of the following is not an example of an original equipment manufacturer (OEM)?

a. Dell buys LCD displays from LG electronics and offers them under the Dell brand to its PC customers b. Dell buys dynamic random access memory (DRAM) from Samsung and integrates these into its PCs c. Apple buys disk drives from Hitachi for its iPod digital music player d. Intel supplies microprocessors to all the major PC manufacturers e. Apple buys printer engines from Canon for its laser printers

Business

Many American companies now maintain better contact with suppliers through EDI. EDI stands for:

a. Educational Data Inventory b. Electronic Digital Inventory c. Electronic Data Inventory d. Electronic Digital Interchange e. Electronic Data Interchange

Business

Risk retention is not a good idea if:

A) the risk is unimportant B) you did not identify the risk C) the frequency is so low it almost will never happen D) the exposure is potentially catastrophic

Business

Which of the following was not an outcome of the Uruguay Round of the GATT?

What will be an ideal response?

Business