Which of the following implies that aggregate or summary information is in agreement with detailed information?
A. Consistency
B. Accuracy
C. Completeness
D. Uniqueness
Answer: A
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The following set of items describes activities completed by a company in collecting cash for merchandise sales. For each activity, identify whether or not the activity adheres to or violates sound internal control procedures. An employee from the accounting department compares the control list and the cash register tapes with the bank deposit slip
a. Adheres to sound internal control procedures b. Violates sound internal control procedures c. Neither strengthens nor violates internal control
An exculpatory clause is generally unenforceable when
a. it attempts to release a party from liability for ordinarily negligent behavior. b. it involves public transportation. c. it is written clearly and in bold, large print. d. the affected activity is a recreational activity.
In the context of sustainability in operations and products, Nestlé encourages ________.
A. long-distance shipping of raw materials B. compensation benefits C. resource efficiency D. use of industrial refrigerants
President Nixon issued wage-price controls in an effort to stabilize the economy. This use of executive power was
A) an illegal usurption of legislative powers which belong to the Congress B) a valid use of power based on Article II of the Constitution. C) a valid use of judicial power. D) an illegal usurption of the regulatory powers of administrative agencies.