Ezra and his coworkers are discussing the new boss of their department, Hudson. Ezra is surprised to hear that the consensus is positive even though they have just met the new guy. Ezra prefers to withhold judgment until he has seen how Hudson reacts to the pressures of his department and treats everyone when conflict arises. Ezra’s trust is ______.

A. disposition-based
B. perception-based
C. cognition-based
D. affect-based


C. cognition-based

Business

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In the audit of the revenue of Hiram Manufacturing Company, the auditors obtain a number of shipping documents shortly before year-end and immediately following the year under audit. The auditors compare the documents to the sales journal in order to test which of the following assertions?

a. Existence of sales. b. Presentation and disclosure of receivables. c. Cutoff of sales transactions. d. Completeness of receivables.

Business

Why does the DEA want to revoke the licenses of several drug store chains to issue controlled substances medications?

a. There are too many pharmacies in Florida b. The chains failed to establish adequate internal controls for dispensation of controlled substances d. The chains failed to submit proper paperwork for licensing d. Both b and c

Business

In a scattergraph of cost and activity, activity is the independent variable because it causes variations in the cost.

Answer the following statement true (T) or false (F)

Business

________ are a panel of decision makers who are elected by the shareholders.

A. Registered agents B. Corporate officers C. Stakeholders D. Board of directors

Business