Managers place a high priority on internal control systems because the systems assist managers in all of the following except:
A. Protecting assets.
B. Assuring that no loss will occur.
C. Promoting efficient operations.
D. Ensuring reliable accounting.
E. Upholding company policies.
Answer: B
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Adidas has different versions of its ads that are designed to appeal to different age groups and different regions of the United States, or ________, because it found that these segments had different beliefs, values, norms, and patterns of behavior than the larger cultural mainstream.
A. attitudes B. social classes C. subcultures D. cultures E. motivations
Rachel operates a scrap metal business and contracts to provide ten tons of scrap steel at $50 per ton to be delivered to Pure Metals, Inc., in six months. An unforeseen shortage of scrap steel suddenly develops, making it impossible for Rachel to fulfill the contract for less than $500 per ton. Rachel's best defense against performing the contract would be that
A. performance of the contract is commercially impracticable. B. procuring the steel would force the seller into bankruptcy. C. the law has rendered performance of the contract illegal. D. the specific subject matter of the contract has been destroyed.
William agrees to drill a well up to 200 feet deep for John's rural cabin. The contract price is $3,000. After drilling 100 feet, William strikes solid granite rock. He talks to John and explains that this is highly unusual for the area and could not have been anticipated at the time of entering into the contract. He offers to get a special drill, but says it will cost him more money, so that he
will be unable to complete the project for the agreed price. Because John is anxious to have the well, he agrees to pay William an additional $1,000 to complete the job. However, once the well is finished, he changes his mind and now says he will pay only the originally agreed-upon amount. In this case: A) the parties have agreed to a substitute contract which discharges the original contract. John is obligated to pay the additional $1,000. B) the substitute contract is binding under the UCC because there is the payment of additional money. C) William is in breach of contract. John need not pay any additional money. D) William is under a pre-existing moral duty to perform at the originally agreed-upon price.
Voice communications can be integrated with data communication through ________
A) grid computing B) cloud computing C) VoIP D) PBX