By using checks, a business has

a. no need to keep large amounts of cash on hand.
b. an easy and safe way of sending payments through the mail.
c. proof of payment.
d. all of these.


D

Business

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Evidence of fraud, whether or not material, on the part of senior management, would likely cause the auditor to conclude that the client had a material weakness in internal control over financial reporting

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

Business

Which types of quality costs are incurred to eliminate quality problems before they occur?

A) Appraisal (detection) costs B) Prevention costs C) External failure costs D) Internal failure costs

Business

As stated in the thinking critically about organizational support and creativity section of the textbook, middle managers can strengthen the extent to which employees perceive that they are valued and cared for by the organization, by strengthening which two factors below?

a. Employee's identification with their work unit and their identification with the organization's mission b. Employee's expectation of career success and employee's buy in with the organizations vision c. Emotional intelligence and cognitive aptitude d. Employees’ identification with their work unit and their expectations of career success

Business

A behavioral approach that evaluates the impact on a firm's return through simultaneous changes in a number variables of a project is called ________

A) sensitivity analysis B) scenario analysis C) simulation analysis D) Monte Carlo simulation

Business