In a study of U.S. and Japanese firms in Taiwan, objective formalization was measured by ________.
A. the use of informal controls
B. the use of culturally induced values in getting things done
C. the extent to which goals were vague and unspecified
D. the number of different documents given to employees
Answer: D
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Interest expense is computed annually when a bond is issued for other than its face value. For a bond issued at a discount, how will this component change as the bond approaches maturity?
a. decrease b. increase c. remain constant d. not enough information given to decide
Electronic Funds Transfers have controls built into the process and do not require further reconciliation by the client
a. True b. False Indicate whether the statement is true or false
The Appliance Division of Electrotech Corporation reported the following results for a recent year Sales $9,000,000 Expenses 7,500,000 Total assets (1/1) 6,000,000 Total assets (12/31) 6,200,000 Refer to the Appliance Division What was the profit margin for The Appliance Division?
a. 17% b. 24% c. 25% d. 69%
Create _______________ for important information
a. space b. relevance c. a need d. a market