An effective decision-making process ________.
A. focuses on matters of importance
B. focuses on consistency more than logic
C. avoids subjective and intuitive thinking
D. is complex but reliable
Answer: A
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For which of the following transactions would a functional relationship between the buyer and the seller be LEAST appropriate?
A. An interior decorator's purchase of a cell phone B. A commuter's purchase of a daily newspaper to read on his way to work C. An apartment complex owner's procurement of 80 gallons of paint for the annual repainting of all buildings in the complex D. A foreman's purchase of lubricating oil for an assembly line E. A dentist's purchase of dentures, plates, and other apparatus from a dental lab where they are made
Which of the following is not a major component of an organization's internal controls?
a. Risk assessment. b. Control environment. c. Control activities. d. Control risk.
In Microsoft Word 2010, if a collaborator changes your text inappropriately, you can deal with the change by—
a. inserting a comment stating why you disagree with the change. b. Rejecting the change in Track Changes to restore your original text. c. Both a andb. d. Neither a norb.
Which type of trust can be explained as people rely on factual information, such as someone’s past experience and track record as a basis for trust?
What will be an ideal response?