Which technology began as an informal communication channel but has since evolved into a primary and formal means of business correspondence for many organizations?
A. Voice mail
B. Email
C. Instant messaging
D. Videoconferencing
E. Post-it notes
Answer: B
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What are the methods available to the buyer to review the performance of the chosen supplier? What advantage does performance review offer to the buyer?
What will be an ideal response?
Which of the following would be used by the auditor to address kiting?
a. Cut-off bank reconciliations. b. Bank transfer schedules. c. Bank confirmations-account balances. d. Bank confirmations-loan guarantees.
An American company makes a credit purchase of goods from a company in London for $1,000. On the date of purchase, the exchange rate was $1.50 per pound. However, on the date of payment, the rate had risen to $1.55 per pound. As a result, the American company would record
A) an exchange gain of $50. B) an exchange loss of $1,550. C) an exchange loss of $50. D) no exchange gain or loss.
On an RBS for a software development project, development risks are related to
A) corporate and stakeholders. B) requirements and design. C) organization and work environment. D) project team and control.