When forecasting total demand for all their services or products, few companies err by more than:
A) one to four percent.
B) five to eight percent.
C) nine to twelve percent.
D) thirteen to sixteen percent.
B
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Order entry is the initial function in the revenue cycle.
Answer the following statement true (T) or false (F)
Which of the following is NOT true regarding why fraud prevention controls are important?
a. Preventing fraud also saves the family of the perpetrator from embarrassment (guilt by association). b. Once the fraud has been committed, the cost of any legal action taken can cause the victims to lose even more. c. The organization that isn't proactive about possible fraud is more likely to have an employee commit a fraud act. d. Fraud control costs are less than the known costs that would have been lost through fraud.
Jessica is an employee in a manufacturing plant who works the graveyard shift, midnight to 8 a.m. One night, she saw one of her managers dumping some chemicals down a storm drain in the parking lot. When she confronted him, he said this was standard procedure for some waste materials to avoid other costly disposal measures. When Jessica wrote a letter about it to the local newspaper she was a(n)
a. victim’s advocate. b. activist. c. gossip. d. whistle-blower. e. disloyal employee.
Which of the following is not one of the three most common core ERP components focusing on internal operations?
A. Accounting and finance. B. Production and materials management. C. Business intelligence. D. Human resources.