Which of the following control plans transfers the exact amount of funds necessary to reimburse the account for payroll checks cashed?

A. approve attendance time data and job time data
B. use payroll clearing account
C. independent paycheck distribution
D. imprest payroll bank account


Answer: D

Business

You might also like to view...

Like many firms in the electronics industry, Godin Manufacturing experiences ups and downs in the demand for its high-tech products. To increase capacity during high-demand periods, management would do all of the following except

A. change from one shift to two shifts a day. B. lower the prices that customers pay. C. open a new plant. D. approve overtime for existing employees. E. subcontract a portion of the work to other producers.

Business

Where ________ appears in text, it comes in two flavors: explicit, where the subjective sentence directly expresses an opinion, and implicit, where the text implies an opinion

Fill in the blanks with correct word

Business

Marilyn, age 25, has set a personal goal of being vice president of ABX Corp. by the time she is 32. She has determined that nothing will stand in her way of her goal. She hears that the president of ABX Corp. is engaged in a business enterprise with the president of a competitor that is a conflict of interest with his role of president. She reports the business relationship to the press anonymously. Upon hearing the news, the board of directors of ABX Corp. calls a special meeting to investigate the charges. Finding them to be true, they terminate the president and promote the existing vice president to president and Marilyn to vice president. What individual factor most affected Marilyn's ethical decision?

A. Personal goals. B. Personal values. C. Individual knowledge of an issue. D. Cultural norms.

Business

Which of the following is NOT a type of investment company as defined by the Investment Company Act:

a. face-amount certificate company b. unit investment trust c. management company d. all of the other specific choices are types of investment companies e. none of the other specific choices are correct

Business