Which evaluation technique is more apt to reveal to organizational management in a timely manner that a server has given some guests permission to smoke in a no-smoking section?
a. guest comment card
b. MBWA
c. structured interview
d. focus group
b. MBWA
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Which of the following is not a common test of control for marketable securities?
a. Review the minutes of the board meetings. b. Review broker's advice for accurate recording of security c. Inquire of management about its process for reclassifications. d. Review reports of internal audits.
Which of the following is not true?
a. Net income or profit for a period is the difference between revenues from selling goods and services and the expenses incurred to generate those revenues, plus some gains or losses of the period. b. If the expenses plus losses exceed the revenues plus gains, the result is a net loss. c. U.S. GAAP and IFRS require the accrual basis of accounting, which detaches the recognition of revenue from the receipt of cash. d. A seller recognizes revenues when it has performed all, or nearly all, of its obligations to the customer and when it has received cash or an asset that is convertible to cash. e. The firm recognizes and reports expenses that have a causal link with revenues, such as cost of sales, in the next accounting period.
Haley is an accountant for a large hospital network. She knows that she could easily "skim" money from the organization to keep for herself and chances are she would not get caught. However, she keeps thinking about what would happen to her and her family if her actions went viral and appeared all over the Internet or in her local newspaper. What ethics test is Haley considering?
a. the social media test b. the front page test c. the public scrutiny test d. the bystander test
Sales and operations planning indicates how the organization will use its tactical capacity resources to meet expected customer demand
Indicate whether the statement is true or false.