Management can expect various benefits to follow from implementing a system of strong internal control. Which of the following benefits is least likely to occur?
a. reduced cost of an external audit.
b. prevents employee collusion to commit fraud.
c. availability of reliable data for decision-making purposes.
d. some assurance of compliance with the Foreign Corrupt Practices Act of 1977.
e. some assurance that important documents and records are protected.
B
You might also like to view...
If you are marketing a computer software product used in local area networks, which of the following would best describe the population or universe of the study?
A) network managers B) board of directors C) marketing managers D) finance managers
Which of these is NOT an advantage of online arbitration and/or online mediation?
A. reasonable fees B. Settlements are reached rather quickly. C. Parties act through a more objective online process. D. Parties are able to confront each other and argue face-to-face.
In 2011, the fixed costs of a company were $500,000, and its variable costs equaled $150,000. In 2010, the company made an annual profit of $200,000. It has been predicted that, despite a steady growth, the company's variable costs will likely equal $300,000 by 2013. The total costs of the company in 2011 were ________.
A) $350,000 B) $450,000 C) $650,000 D) $800,000 E) $950,000
The basic distinction between advertising and publicity is that _____
a. publicity only deals with print media b. in publicity, the media are not paid c. publicity is nonpersonal d. publicity is regulated by the Robinson-Patman Act