Which of the following situations represents a serious control weakness?
a. Timekeeping is independent of the payroll department.
b. Paychecks are distributed by the employees immediate supervisor.
c. Time cards are reconciled with job tickets.
d. Personnel is responsible for updating employee records, including creation of records for new hires.
B
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The interest rate specified in a bond contract is known as the market rate
a. True b. False Indicate whether the statement is true or false
Short-term creditors are usually most interested in assessing:
A. Solvency. B. Liquidity. C. Profitability. D. Managerial effectiveness.
In an affirmative defense:
a. the plaintiff admits to the facts claimed by the defendant, but offers additional facts b. the defendant denies all the facts claimed by the plaintiff c. the defendant does not respond d. the defendant hires a special lawyer e. none of the other choices are correct
Call-by- ________ is the method of passing the argument's actual location in memory to a function
a) value b) parameters c) memory d) reference