The political environment is the customs, attitudes, and practices that make a company unique. _________________________
Answer the following statement true (T) or false (F)
False
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Which of the following approaches can be used to introduce unpredictability into the audit?
a. Assessing high risk accounts. b. Performing procedures on an unannounced basis. c. Performing the audit in the same location each year. d. Selecting items that would normally be tested.
Management and shareholders may desire to have legally separate corporations because
a. it may insulate a profitable corporation from an unprofitable corporation's insolvency and creditors. b. it may simplify compliance with state tax and regulation requirements. c. it may allow a company to enter a new line of business with a minimum of investment and risk. d. all of the above e. none of the above
Which of the following is a part of the definition of conflict?
A. hidden struggle B. compatible goals C. dependence on one another D. all of these
The effectiveness of a master schedule depends on the ______.
A. interface with the S&OP process B. interface with the production plan C. interface with all other functional areas of the organization D. ability to operate as a stand-alone system