In an organization in which the OE/S and B/AR/CR processes are separate processes, the B/AR/CR process usually accomplishes all of the following activities except:
A. picking goods in the warehouse
B. billing customers
C. managing customer accounts
D. securing payment of customer accounts
Answer: A
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Mitchell Company prepares monthly financial statements and will record.a prepaid account for each of the following except:
a. Mitchell paid for three months of window washing services in advance. b. Mitchell purchases a four-year casualty insurance policy. c. A tenant that pays Mitchell for six months of rent in advance. d. Mitchell purchases office supplies to last for several months.
What is the primary benefit of effective internal control in an organization?
a. Achievement of certain organizational goals. b. Completion of a successful audit for the entity. c. Shareholder involvement in the company's success. d. Obtaining profitability and financial strength.
Several years ago, the Paradise Surf Shop was the only surf-gear store catering to women. It carried everything the serious female surfer needed to ride the waves. In terms of its merchandise assortment, it had a ________ assortment
A) shallow and deep B) narrow and deep C) shallow and broad D) broad and deep E) shallow and narrow
Avoid _____________________ gender terms for either females or males
a. specific b. demeaning or condescending c. non-descriptive d. unfamiliar