If a person accepts the benefits of an unauthorized transaction, or fails to repudiate it, then he is bound by the act as if he had originally authorized it
Indicate whether the statement is true or false
True
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Flexible budgeting is a reporting system in which the:
a. Budget shows estimated costs at different levels of production volume. b. Budget standards may be adjusted at will. c. Reporting dates vary according to the levels of activity reported upon. d. Statements included in the budget report vary from period to period.
General Motors groups related activities into units based on the type of automobile that is produced: Buick, Cadillac, Chevrolet, and GMC (trucks). Which type of departmentalization does this portray?
a. functional departmentalization b. territory departmentalization c. customer departmentalization d. product departmentalization
Even though media may have a "box score" mentality in covering a crisis, a public relations practitioner should avoid speculation
Indicate whether the statement is true or false
Which of the following project audit report questions addresses PMBOK's scope management knowledge area?
A) Do value-related processes exist? B) Do scope-related processes exist? C) Do schedule-related processes exist? D) Are budget variances part of the project budget review?