All systems of internal control are identical and, once established, do not need to be changed
Indicate whether the statement is true or false
F
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The purchase of inventory for cash will cause the current ratio to decrease
a. True b. False Indicate whether the statement is true or false
Agger Inc. is opening an overseas office for the first time and is sending its best sales manager to oversee the start-up for two years. Zac, Agger Inc.'s human resource manager, is preparing cross-cultural training for the sales manager. A colleague suggests to Zac that he include the manager's spouse in the training. Should Zac follow the advice of his colleague?
A. Yes, the spouse should be included because doing so shows that the company values diversity. B. Yes, the spouse should be included because not doing so could be seen as sex discrimination. C. Yes, the spouse should be included because the family's adjustment affects the success of an assignment. D. No, train only the employee because the employee is the only one going on the assignment. E. No, train only the employee because including the spouse adds to costs but not benefits.
In a profit center, the manager has responsibility and authority for making decisions that affect:
A) liabilities B) assets C) equity D) costs
Which of the following is a reason for business people to replace face-to-face meetings with virtual ones (videoconferencing or Web conferencing)?
a. employees who work from home b. increasing travel costs c. terrorist threats d. all of the above (a-c)