Which one of the following best defines an internal event in terms of accounting?

a. Every type of transaction is an internal event.
b. An event recognized in a set of financial statements.
c. A happening of consequence to an entity.
d. An event occurring entirely within an entity.


d

Business

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It is necessary to post adjusting entries

Indicate whether the statement is true or false

Business

In this symptom, self-censorship occurs as members strive not to have others perceive them as deviating from the group’s consensus. This is a symptom of what?

A. brainstorming B. boomeranging C. authoritarian leadership D. groupthink

Business

Name the five characteristics of information

Business

What is the purpose of a Pareto analysis?

a. to prioritize potential problems b. to test theories c. to aggregate data d. to identify potential problems

Business