Leading is the process of setting deadlines and making plans to achieve goals.

Answer the following statement true (T) or false (F)


False

Rationale: Leading is the process of motivating employees to work together toward the organization’s goals. Setting deadlines is part of the controlling process and making plans to achieve goals is part of the planning process.

Business

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Which of the following situations would normally be discovered as part of the test of the bank reconciliation?

a. Failure to bill a customer. b. Failure to include a deposit in transit on the bank reconciliation. c. Duplicate payment of a vendor's invoice. d. Payment to an employee for more hours than she worked.

Business

Which of the following is the survey created by the U.S. Census Bureau in 1996 to collect economic, social, demographic, and housing information as part of the Decennial Census Program?

A) American Community Survey B) American Census Survey C) NAICS D) Buying Index E) Survey of Buying Power

Business

A salesperson who exaggerates about product capabilities may be guilty of misrepresentation.

Answer the following statement true (T) or false (F)

Business

Which of the following methods reports literal cash flows related to income statement classifications?

a. The indirect method b. The direct method c. Both a and b. d. None of the above

Business