Clearly establishing responsibilities and assigning all accounting activities to one person is an important principle of internal control.

Answer the following statement true (T) or false (F)


False

Business

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Which accounting application is least suited to batch processing?

a. general ledger b. vendor payments c. sales order processing d. payroll

Business

Short-term ____________________________ represents a firm's near-term ability to generate cash to service working capital needs and debt service requirements

Fill in the blank(s) with correct word

Business

If your body text is 12-point Times New Roman, then 10-point Arial would be a good choice for type within your illustrations

a. true b. false

Business

If Allison uses a __________style of conflict management, then she is both assertive and cooperative. She is willing to trade some of her needs in order to win concessions from the other side. This style can be effective when both parities are equally powerful and willing to cooperate, and they want to preserve the relationship for the future.

a. Competition b. Compromising c. Cooperating d. Collaborating

Business