Assessing the planning, organizing, leading, and controlling efforts of one's own organization is the essential function of
A. strategic audit.
B. feedforward control.
C. internal audit.
D. feedback control.
E. external audit.
Answer: C
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Answer the following statements true (T) or false (F)
1) A corporation is a business organized under federal law that is a separate legal entity. 2) Most well-known companies are corporations and tend to be large multinational businesses. 3) A corporation is a separate legal entity that is organized independently of its owners. 4) Stockholders of a corporation are not personally liable for the corporation's debt. 5) The stock of public corporations cannot be purchased on a stock exchange.
Which of the following is not a common form of data mining analysis?
A. Division organization B. Classification C. Clustering D. Estimation
Which of the following is true of the buying behavior of organizational customers?
A. In organizational buying, the needs of individuals who influence the purchase are not important. B. Purchasing managers and others involved in organizational buying decisions do not expect friendly relationships with suppliers. C. Product reliability is a more important concern for final consumers than for organizational customers. D. Behavioral dimensions like security, status, and a sense of accomplishment affect organizational buying. E. Organizational buyers are solely influenced by economic factors.
One of Matthew Corporation's competitors has learned that Matthew has a total expense per unit of $1.50 at the 15,000 unit level of activity and total expense per unit of $1.45 at the 20,000 unit level of activity. Assume that the relevant range includes all of the activity levels mentioned in this problem. What would be the competitor's prediction of total expected costs at 18,000 units?
A. $16,860 B. $30,000 C. $26,400 D. $29,100