What internal accounting control(s) would be the most effective in preventing a storekeeper from taking inventory home at night? When shortages become apparent, he claims the goods were never received


receiving records items received on a receiving report, storekeeper initials receipt of goods

Business

You might also like to view...

Payment is received from customers who were billed earlier for services provided for them. For this transaction, identify the effect on the accounting equation

a. Assets increase and liabilities increase. b. Assets increase and stockholders' equity increases. c. Liabilities increase and stockholders' equity decreases. d. There is no effect on the accounting equation as one asset account increases while another asset account decreases.

Business

The geometric mean of 1, 1, 8 is

A. 10.0. B. 2.0. C. 3.33. D. 3.16.

Business

Which of the following best characterizes average consumers' current media consumption patterns?

A) Consumers spend more time listening to the radio than on their mobile phones, but less time on magazines and newspapers. B) Consumers spend more time reading magazines and newspapers than on their mobile phones, but less time listening to the radio. C) Consumers spend more time on mobile devices than on radio, magazines, and newspapers combined. D) Consumers spend an average of two hours and 52 minutes on radio, magazines, and newspapers combined. E) Consumers spend an average of one hour and 46 minutes on mobile devices.

Business

If Janae says to her prospect, "No. Your data is wrong. The Model K2R has a superior engine and will last twice as long as my competitor's model." Janae is using the ________ technique for handling a prospect's objection.

A. dodge B. five-question sequence C. compensation D. boomerang E. direct denial

Business