What is an electronic check?
A. An Internet-based company that facilitates payments over the Internet.
B. A mechanism for sending a payment from a checking or savings account.
C. A system that sends bills over the Internet and provides an easy-to-use mechanism to pay the bill.
D. Both software and information - the software provides security for the transaction and the information
includes payment and delivery information.
B. A mechanism for sending a payment from a checking or savings account.
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Which of the following statements is true concerning assets?
a. Assets represent future economic sacrifices. b. Assets are expired costs. c. Assets become expenses at the time they are paid in cash. d. Assets become expenses when their economic benefits expire.
Which of the following best describes a strategy map?
A. A strategy map is a one-page representation of a firm's strategic priorities and the cause-and-effect linkages among them. B. A strategy map is a visual representation of a firm's current and planned geographic operations and markets. C. A strategy map is a categorized list of a firms strategic objectives, critical success factors (CSFs), and key performance indicators (KPIs). D. A strategy map is a collection of all a firm's activity and structure model diagrams.
Which of the following is used to estimate the average when the data have been collected using an interval or ratio scale?
A) mode B) median C) mean D) maxima E) trend
Distinguish between inherent risk and control risk. How do internal controls and detection risk fit in?