Lapping of accounts receivable is least likely to occur when there is an inadequate segregation of duties
a. True
b. False
Indicate whether the statement is true or false
False
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Which of the following is not a personal barrier to communication?
A. a small vocabulary B. a large ego C. lack of credibility D. mindlessness E. obsolete technology
Generro Company is considering the purchase of equipment that would cost $36,000 and offer annual cash inflows of $10,500 over its useful life of 5 years. Assuming a desired rate of return of 12%, is the project acceptable? (PV of $1 and PVA of $1) (Use appropriate factor(s) from the tables provided.)
A. Yes, since the positive net present value indicates the investment will earn a rate of return greater than 12%. B. No, since the negative net present value indicates the investment will yield a rate of return below the desired rate of return. C. Yes, since the investment will generate $52,500 in future cash flows, which is greater than the purchase cost of $36,000. D. The answer cannot be determined.
Jeff is a financial advisor. He belongs to two different organizations for financial advisors, and he likes to go to their annual meetings. The financial organizations that Jeff belongs to are examples of
The project is finalized during the
A) closure phase. B) post-implementation phase. C) design phase. D) implementation phase.