When certain customers made cash payments to reduce their accounts receivable, the bookkeeper embezzled the cash and wrote off the accounts as uncollectible. Which control procedure would most likely prevent this irregularity?
a. segregation of duties
b. accounting records
c. accounting system
d. access controls
A
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A U.S. export company scheduled to receive 1 million pounds six months from today can hedge its foreign exchange risk by
a. buying 1 million pounds in the forward market today for delivery in six months. b. buying 1 million pounds in the spot market for delivery in six months. c. selling 1 million pounds in the spot market for delivery in six months. d. selling 1 million pounds in the forward market today for delivery in six months.
Which of the following is considered an inflexible leadership approach?
a. path-goal b. Hersey/Blanchard c. Vroom/Jago d. none of these
Individual marketing is also known as one-to-one marketing, mass customization, and markets-of-one marketing
Indicate whether the statement is true or false
Interest in organized labor is one of the most common attributes among the working class
Indicate whether the statement is true or false a. True b. False