?A group that has the willingness, ability, and authority to buy a product is a
A. ?market.
B. ?consumer.
C. ?strategic business unit.
D. ?business customer.
E. ?strategic window.
Answer: A
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A control that can ensure that receiving clerks are not influenced by quantity information while actually counting incoming goods is to:
a. send a "blind" copy of the purchase order to receiving b. establish a "tickler" file for completed purchase orders c. send copies of a receiving report to accounts payable d. establishing "blanket orders" in purchasing
Internal controls designed to evaluate performance and the degree of compliance with company policies and public laws are classified as administrative controls.
Answer the following statement true (T) or false (F)
Why do many major corporations actively encourage ethical behavior?
A)Ethical behavior always leads to more profits. B)Unethical behavior can quickly destroy a business. C)Unethical acts are always illegal. D)Unethical behavior always leads to a reduction in profits.
What type of entity is used to represent repeating groups?
A) fundamental entity B) associative entity C) attributive entity D) iterative entity