The purpose of segregating the duties of hiring personnel and distributing payroll checks is to separate the
A. Administrative controls from the internal accounting controls.
B. Human resources function from the controllership function.
C. Operational responsibility from the record-keeping responsibility.
D. Authorization of transactions from the custody of related assets.
D. Authorization of transactions from the custody of related assets.
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Which statement is TRUE regarding case studies?
A. Training with case studies does not require any interaction among trainees. B. Trainees play a passive role while being trained with case studies. C. Cases encourage trainees by giving them practice in weighing and acting on uncertain outcomes after evaluating a case. D. Case studies stimulate learning by actively involving participants and the competitive nature of business. E. Case studies do not encourage trainees to take risks.
Leary Corporation's end-of-year balance sheet consisted of the following amounts: Cash $ 25,000 Accounts receivable $ 46,000 Property, plant, and equipment 69,000 Long-term debt 41,000 Capital stock 107,000 Accounts payable 22,000 Retained earnings ? Inventory 33,000 What is Leary's retained earnings balance at the end of the current year?
a. $10,000 b. $3,000 c. $66,000 d. $110,000
Which of the following should a researcher do to summarize findings for categorical measures?
A) not try to summarize findings for categorical measures; it is inappropriate B) use a percentage distribution (sometimes called a frequency distribution) C) compute an average such as a mean D) compute a standard deviation E) compute a range
The ______ role is one that is somewhat outside the group. This person acts as a liaison between the group and the larger entity in which the group exists, such as the workplace or the school system.
a. connector b. boundary-spanning c. linked d. peripheral