Which of the following is an attribute of the internal control procedure—assignment of responsibilities?
A) To validate their accounting records, a company should have an audit by an external accountant.
B) The company should separate the custody of assets from accounting.
C) The external auditors will monitor internal controls.
D) Each position has clearly assigned responsibilities.
D
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When additional profits can be made with a slow exit from a market, a(n) ________ strategy can be a good source of short-run profits
A) monetize B) invest C) divest D) harvest E) optimize
The process of transferring journal entry information from the journal to the ledger is called
a. journalizing. b. posting. c. footing. d. analyzing.
Which of the following do not generally yield primary data?
A) surveys B) observations C) interviews D) reports E) experiments
The seventeen Sustainable Development Goals include ________.
A. institutional reform B. enhanced college education C. accelerated industrialization D. reduction of poverty