Based on previous classes, Tricia expects that in her chemistry class she will take a quiz, and then the professor will lecture for 30 minutes and give an assignment. Which type of schema is Tricia relying on to make sense of her class period?
a. blueprint
b. script
c. stereotype
d. imagined experience
b. script
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What will be an ideal response?
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Fill in the blank(s) with the appropriate word(s).
Which of the following manipulations of cash transactions would overstate the cash balance on the financial statements?
A. Overstatement of outstanding checks. B. Overstatement of bank services charges. C. Understatement of deposits in transit. D. Understatement of outstanding checks.
Internal controls are crucial to global companies because of all of the following risks except:
A. Management's inability to certify the effectiveness of the controls. B. Possible misstatement of financial information. C. Possible fraud. D. Controls are significantly different across the globe. E. Additional costs of inefficient operations.