The largest area of practice, and most important, for public accountants is:

a. tax consulting
b. tax preparation
c. management consulting
d. auditing
e. record consolidation


d. auditing

Business

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The greatest danger in using a long time period for a test market is:

A) the cost of the test market B) fear the competition will have time to study the test market and react C) the possibility of more interference from external factors D) changes in the economy

Business

A disadvantage of surveying the current system is

a. it constrains the generation of ideas about the new system b. it highlights elements of the current system that are worth preserving c. it pinpoints the causes of the current problems d. all of the above are advantages of surveying the current system

Business

Retail stores such as Macy's that offer a wide variety of products for customers use ______ departmentalization.

a. product b. functional c. customer d. divisional

Business

In a ___________ trade environment, transnational corporations export capital to reduce their labor costs and, indirectly, increase new markets for their products.

a. Robust b. Liberalized c. Conservative d. Government controlled

Business