Describe internal control procedures that would (1) prevent an employee from punching the time clock for another, absent employee and (2) prevent a supervisor from stealing the unclaimed paychecks of employees who have been terminated
(1) Supervision of the time clock at the start of the shift.
(2) Use a paymaster to distribute paychecks to employees in person. Any uncollected paychecks are then returned to payroll. Also, mail final paychecks to terminated employees.
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The ______ collaborative alliance with foreign firms within an international organization is usually limited in scope and has no contractual requirement.
A. informal B. formal C. joint ventures D. mergers
When an organization designs its production process such that each worker focuses his or her knowledge, skill, and concentration on a single aspect of the process, the organization has decided to utilize a high degree of ____________________ of labor.
Fill in the blank(s) with the appropriate word(s).
Someone who values ______ appreciates challenges, hard work, and improvement.
A. belonging B. concern for others C. creativity D. achievement
Information that can be found on the Internet at no cost includes I. P/E ratios. II. recent news about a company. III. financial statements. IV. future earnings and stock prices
A) I and IV only B) II and III only C) I, II and III only D) I, II, III and IV