Groups that form when individuals in an organization develop relationships to meet personal needs are called ________ groups.
A. functional
B. formal
C. informal
D. task
Answer: C
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The COSO principle that an organization should identify and assess changes that significantly impact the system of internal control is related to which COSO component?
a. Control Environment b. Risk Assessment c. Control Activities d. Monitoring
Which of the following statements about service departments and their costs is not true?
a. Service departments rarely provide services to other service departments. b. Some service departments may be able to precisely measure the services it provides to other departments. c. Service department costs should be included in total product costs. d. Allocation of service department costs should be made on an equitable basis.
Within the relevant range, which of the following costs remains the same irrespective of the changes in production?
A) total mixed costs B) total operating costs C) total variable costs D) total fixed costs
If bad news appears in the first sentence of a message, the
a. receiver will be prepared for the reasoning that follows. b. receiver's urge to counter argue will be minimized. c. receiver's reaction is likely to be defensive. d. receiver will withhold judgment until he or she has finished reading.