Which input control check would detect a posting to the wrong customer account?
a. missing data check
b. check digit
c. reasonableness check
d. validity check
B
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The journal entry used to record the issuance of an interest-bearing note for the purpose of borrowing funds for thebusiness is
a. debit Accounts Payable; credit Notes Payable b. debit Cash; credit Notes Payable c. debit Notes Payable; credit Cash d. debit Cash and Interest Expense; credit Notes Payable
Assume the indirect method is used to compute net cash flows from operating activities. For this item extracted from the financial statements—Depreciation Expense—indicate the effect on net income in arriving at net cash flows from operating activities by choosing one of the following:
a. Add to net income to arrive at net cash flows from operating activities b. Subtract from net income to arrive at net cash flows from operating activities c. Not used to adjust net income to calculate net cash flows from operating activities
Budgets identify, gather, summarize, and communicate
a. financial data only. b. financial and nonfinancial data. c. nonfinancial data only. d. none of these.
Social service organizations with workers with heavy caseloads have unusually high turnover rates. This is an example of which of the following sources of conflict?
A) Personal differences B) Information deficiencies C) Role incompatibility D) Environmental stress