Companies with a transnational structure have decreased efficiency in production costs because production is spread across more locations

Indicate whether the statement is true or false


False

Business

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Which of the following is a measure of the time that it takes to convert current assets into cash?

a. accounts receivable turnover ratio b. cash to cash operating cycle c. number of days' sales in inventory d. working capital

Business

Which of the following is not an element of the control environment?

a. management philosophy and operating style b. organizational structure of the firm c. well-designed documents and records d. the participation of the board of directors and the audit committee

Business

An organization's internal stakeholders consist of

A. the board of directors, employees, and suppliers. B. the board of directors, customers, and owners. C. customers, families of employees, and employees. D. the board of directors, employees, and owners. E. competitors, the community, and suppliers.

Business

A manager who asks for a report comparing three different brands of phone systems for an office will request a justification report to support the recommended decision

Indicate whether the statement is true or false

Business