Using a third party requires a firm to share demand information and in some cases intellectual property. This risk would be described as
A) leakage of sensitive data and information.
B) underestimation of the cost of coordination.
C) reduced customer/supplier contact.
D) loss of internal capability.
Answer: A
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Which of the following is NOT a fraud symptom related to internal control weaknesses?
a. Lack of segregation of duties b. Lack of physical safeguards c. Inadequate accounting system d. Lack of proper authorization e. Excessive turnover of executives
Tony has a full courseload and a full-time job. He has tried everything he can think of to help him deal with his stress, but nothing has worked. He plans to go see a counselor next week. What method relies on therapeutic intervention?
A. meditation B. holistic wellness C. cognitive restructuring D. muscle relaxation E. biofeedback
Insetto Biological Manufacturing produces a pesticide chemical and uses process costing. There are three processing departments—Mixing, Refining, and Packaging. On January 1, the first department—Mixing—had no beginning inventory. During January, 40,000 fl. oz. of chemicals were started in production. Of these, 31,000 fl. oz. were completed and 9000 fl. oz. remained in process. In the Mixing Department, all direct materials are added at the beginning of the production process, and conversion costs are applied evenly throughout the process. The weighted-average method is used.
At the end of the month, Insetto calculated equivalent units. The ending inventory in the Mixing Department was 60% complete with respect to conversion costs. With respect to conversion costs, how many equivalent units were calculated for the product that was completed and for ending inventory? A) Product completed: 31,000 equivalent units; Products in ending inventory: 5400 equivalent units B) Product completed: 31,000 equivalent units; Products in ending inventory: 9000 equivalent units C) Product completed: 40,000 equivalent units; Products in ending inventory: 5400 equivalent units D) Product completed: 40,000 equivalent units; Products in ending inventory: 9000 equivalent units
Why is it essential for an organization to properly identify the channels it uses to tell its story?
What will be an ideal response?