A manufacturing company's human resource department is most likely a
A) cost center.
B) discretionary cost center.
C) revenue center.
D) profit center.
B
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(n) _______ is a computer-based information system that provides a flexible tool for analysis and helps managers focus on the future.
A. IT synergy web B. collaborative IT system C. group-web D. flexible computing system E. decision support system
If the nominal exchange rate is 5 French francs per U.S. dollar, then the exchange rate can also be written as
A. 5 dollars per franc. B. 0.5 dollars per franc. C. 0.25 dollars per franc. D. 0.2 dollars per franc.
When auditors are engaged to make an assertion on a report filed on a printed form designed by authorities, and they believe the assertion is not justified, the auditors should:
A. Submit the form with questionable items clearly omitted. B. Reword the form or attach a separate report. C. Submit a short-form report with explanations. D. Withdraw from the engagement.
Although it is extremely difficult to make accurate forecasts of the revenues that a project will generate, projects' initial outlays and subsequent costs can be forecasted with great accuracy. This is especially true for large product development projects.
Answer the following statement true (T) or false (F)