Where is access control exercised in the purchasing/cash disbursement functions?
physical control of inventory and cash, access to documents that control physical assets–such as purchase requisitions, purchase orders, receiving reports, etc.
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Manufacturers should concentrate their efforts at trade shows on each of the following buyer groups, except:
A) solution seekers B) buying teams C) power buyers D) education seekers
When a parent company owns a majority of the common shares of a subsidiary company but not 100% of them, the parent company will consolidate all of the subsidiary's revenues and expenses into its financial statements
Indicate whether the statement is true or false
Which of the following is most likely an indicator of fraud involving inventory overstatement?
a. A sudden increase in the inventory turnover ratio. b. A sharp decrease in gross profit margin. c. A sudden decrease in sales. d. A sudden increase in number of days' sales in inventory.
Which of the following is often the strongest selling point for recent college graduates, and should be highlighted on a résumé?
A) Career Summary B) Work Experience C) Volunteer Activities D) Education E) Honors and Awards