Which situation indicates a weak internal control structure?
a. the mailroom clerk authorizes credit memos
b. the record keeping clerk maintains both accounts receivable and accounts payable subsidiary ledgers
c. the warehouse clerk obtains a signature before releasing goods for shipment
d. the accounts receivable clerk prepares customer statements every month
A
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Which statement summarizes the income earned and the dividends paid?
a. Statement of cash flows b. Statement of retained earnings c. Balance sheet d. Income statement
Anita wants to recommend that her company cafeteria should find a new food service provider that serves healthier food with an emphasis on products from local farms and food purveyors suppliers
She plans to initiate this discussion with an email. Create an outline that Anita could use to write this email. What will be an ideal response?
Quality circles usually have ________ members.
A. 15 or more B. 6 to 12 C. 5 to 10 D. 1 to 5
In an attempt to be more environmentally friendly, your company recently updated your product packaging to be made of fully recycled materials. This new and improved version would now be considered a:
A. updated product B. restructured product C. revamped product D. modernized product E. new product