Burlington Coat Factory manufactures its winter jackets in April but does not display them in its stores until early September. Burlington recognizes the importance of ____ utility.
A. form
B. time
C. production
D. space
E. possession
Answer: B
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The printer ran out of preprinted sales invoice forms and several sales invoices were not printed. The best internal control to detect this error is
a. a batch total of sales invoices to be prepared compared to the actual number of sales invoices prepared b. sequentially numbered sales invoices c. visual verification that all sales invoices were prepared d. none of the above will detect this error
The ______ amends Uniformed Services Employment and Reemployment Rights Act to maintain healthcare coverage while away on duty and require employers to post a notice of benefits, duties, and rights of reemployment.
A. Immigration and Nationality Act B. Veterans Benefits Improvement Act of 2004 C. Rehabilitation Act D. Civil Rights Act of 1991
Which of the following attributes of internal control would be violated if the purchasing department wrote checks to pay accounts payable?
A) Adequate design of documents B) Sound personnel procedures C) Periodic independent verification D) Separation of duties
In which of the following situations would a paper-based press kit be most appropriate?
A) Connectors give favorable coverage of a firm. B) Connectors are present at a promotional event. C) Costs are a significant obstacle to a new organization. D) An organization relies on social content from podcasts. E) An international business markets products in multiple languages.