Reconciliation of cash accounts may be referred to as what type of control?
A. Non-routine.
B. Preventive.
C. Detective.
D. Adjustive.
Answer: C
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Risk that can be eliminated by diversification is
A. unsystematic risk. B. systematic risk. C. default risk. D. interest-rate risk.
The results of nonprobability sample can be projected with statistical reliability
Indicate whether the statement is true or false
Smith Company makes three different products, each of which must pass through one very expensive machine. Assuming that availability of machine time is limited to 4,000 hours per year, which is less than the 5,000 hours demanded, how should the company decide which product to make?
What will be an ideal response?
Which of the following is TRUE with respect to employees and ethical culture in organizations?
a. Research has shown a net outflow of employees from organizations with a strong ethical culture. b. Employees prefer not to be a part of high-integrity organizations because of the increased scrutiny involved. c. Employees mostly show indifference to the ethical culture of their organization. d. Employees prefer to be a part of high-integrity organizations.