Discuss three specific physical controls to mitigate the risk of inaccurate record keeping
transaction authorization – AP authorizes cash disbursements to make payment
accounting records – audit trail documents, journals, accounts and files
independent verification – inventory control, AP, cash disbursements, and GL
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Exploratory research is suitable for generating all of the following EXCEPT:
A) alternative courses of action. B) cause-and-effect relationships. C) research questions. D) hypotheses. E) C and D
Answer the following statements true (T) or false (F)
1. The most commonly used training technique in the hospitality industry is the one-on-one, learning-by-doing strategy. 2. Organizations should try to define the objectives of a training program and should try to measure the outcomes of training. 3. The average company spends an average of $8,000 on training per employee. 4. As a training method, a lecture presentation has these advantages: It is cheap, time efficient, and to the point.
Which of the following is among the oldest, yet most effective employee communications vehicles?
A) town hall meetings B) bulletin boards C) suggestion boxes D) internal videos
Freddibuys bike shoes from Get n' Gear Store, telling the clerk that she wants the shoes to compete in High Pace Triathlon. The shoes break apart during the competition, caus¬ing Freddito be injured in a fall. Get n' Gear most likely breached
a. an express warranty. b. an implied warranty of fitness for a particular purpose. c. an implied warranty of merchantability. d. a warranty of title.