Corporate strategy guides decisions about ______.

A. what businesses to acquire
B. how to compete in a business
C. what products to offer
D. how to design a given product


A. what businesses to acquire

Business

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Which of the following strategies will a CPA most likely consider in auditing an entity that processes most of its financial data only in electronic form, such as a paperless system?

A. Continuous monitoring and analysis of transaction processing with an embedded audit module. B. Extensive testing of firewall boundaries that restrict the recording of outside network traffic. C. Verification of encrypted digital certificates used to monitor the authorization of transactions. D. Increased reliance on internal control activities that emphasize the segregation of duties.

Business

The __________ must be well versed in the various laws, agreements, and regulations that limit an organization’s ability to recruit.

A. union steward B. HR manager C. county commissioner D. retirement board E. CEO

Business

Online benefits systems are often referred to as __________ and can result in significant cost savings in benefits administration.

A. cafeteria plans B. value-based initiatives C. employee self-service systems D. high-deductible health insurance plans

Business

A manufacturer's flow shop utilizes line or continuous flow processes

Indicate whether the statement is true or false

Business