The universally accepted definition of the term small business is based on the number of people employed by the firm.

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


False

Business

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The auditor's communication of material weaknesses in internal control for a nonpublic company is:

A. required to enable the auditor to state that the examination has been made in accordance with generally accepted auditing standards. B. required to be included as part of the audit opinion. C. required even though the financial statement audit for private companies does not require an audit of the entity's system of internal control. D. the principle reason for studying and evaluating the system of internal controls.

Business

Which of the following is most likely an objective of informative advertising?

A) build brand preference B) change customer perceptions of brand value C) encourage customers to switch brands D) suggest new uses for a product E) keep the brand in customer minds during off-seasons

Business

______ is the process of hiring another organization to do work that was previously done within the host organization.

A. Outsourcing B. Insourcing C. Onshoring D. Outshoring

Business

What is the key advantage of an expatriate as a boundary spanner?

a) Speaking multiple languages b) Building local networks c) Knowledge of the headquarters and subsidiary d) Advocating for more pay

Business