Which of the following would not be found in a good system of internal control?
A) Requiring all employees to take earned vacations
B) Establishing a system of checks and balances
C) Having one person handle all the responsibilities of a department
D) Establishing an internal audit staff
C
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The stronger the collective impact of competitive pressures associated with the five competitive forces,
A. the stronger are the industry's driving forces. B. the fewer companies that can achieve a competitive advantage via anything other than being the industry's low-cost leader. C. the greater number of companies that can achieve a competitive advantage via differentiation. D. the greater the number of industry key success factors. E. the larger the number of competitive advantage opportunities for industry members.
Which of the following messages is not considered neutral?
A) a consumer complaining about a minor product defect B) a manager notifying employees of a small policy change C) top management announcing a decision to close a factory D) a customer applying for a store credit card E) a government agency responding to a request for a brochure
Accrued revenue is revenue that ________
A) has been collected and earned B) the business has collected in cash, but not yet earned C) the business has earned, but not yet collected in cash D) will be collected and earned in the future
The publicly searchable information available about you makes up your resume. _________________________
Answer the following statement true (T) or false (F)