When uncertainty is high and managers must be flexible in order to respond to unexpected changes, directional plans are preferable.

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


True

Business

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In the context of elements of the Committee of Sponsoring Organizations, which of the following statements is true of control environment?

A. It focuses on providing assessment capabilities. B. It sets the tone or culture of a firm. C. It addresses the risks that may hinder the achievement of corporate objectives. D. It focuses on uncovering vulnerabilities.

Business

Assume that on December 1, a note which has a face value of $9,000, bears interest at 9 percent for 120 days, received from a customer as an extension of his of past – due account is dishonored. The entry that would be made to record the dishonor (ignoring interest) is:

a. Notes receivable 9,000 Cash 9,000 b. Accounts receivable 9,000 Cash 9,000 c. Accounts receivable 9,000 Notes receivable 9,000 d. Cash 9,000 Accounts Receivable 9,000

Business

Which of the following Big 5 personality traits describes a tendency to be anxious or moody?

A. openness B. conscientiousness C. neuroticism D. agreeableness

Business

The first 12 circuits of the federal court system are geographical

Indicate whether the statement is true or false

Business