Governments may regulate prices but not credit terms
Indicate whether the statement is true or false
False
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Requiring the mail clerk to prepare a listing of all checks received, with copies of the list going to the cashier and to accounting, is an example of which type of control?
a. Preventive. b. Corrective. c. Detective. d. Directive.
Which flow of communication direction sends messages from the lower levels of the organizational hierarchy to the higher levels?
A. lateral B. horizontal C. downward D. upward
A price charged for a component by the selling division to the buying division of the same company is called a
A) transfer price. B) economic value added. C) market price. D) cost-based price. E) none of these.
A contract must be in writing to be enforceable if the contract makes per-formance possible within any definite period of time
Indicate whether the statement is true or false