Which of the following is not a required communication with the audit committee?
a. Accounting policies.
b. Accounting estimates.
c. Economic trends.
d. Difficulties encountered.
c
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The Incoterm acronym CFR (named destination port), refers to
Fill in the blank(s) with the appropriate word(s).
Answer the following statement(s) true (T) or false (F)
1. Lean implementation can cause discomfort and stress among some employees. 2. Terminating those employees who are below average in productivity is one of the tenets of the philosophy of lean. 3. Reverse logistics is a task involved in order processing and delivery. 4. An area in which Lean Six Sigma has been applied is the implementation of creative thinking.
In State X, persons must be at least eighteen years old before they can purchase alcoholic beverages. The state also has passed a law requiring that persons who prepare and serve liquor in the form of drinks in commercial establishments be licensed. The only requirement for obtaining a yearly license is that the person be at least eighteen years old. Moffitt, aged thirty-five, is hired as a bartender for the Lone Star Restaurant. Bekins, a staunch alumnus of a nearby university, brings twenty of his friends to the restaurant to celebrate a football victory. Bekins has ordered four rounds of drinks, and the bar bill exceeds $200. Bekins learns that Moffitt has failed to renew his bartender's license, and Bekins refuses to pay, claiming the contract is unenforceable. Is Bekins correct?
What will be an ideal response?
Competition is ineffective as a conflict-resolution strategy because
A. the weaker party who gives in might look for ways to get back at the stronger party in the future. B. it does not allow either party to achieve their goals. C. the two sides to a conflict are more concerned about winning the battle, which can escalate tensions. D. the parties to a conflict ignore the problem and do nothing to resolve the disagreement. E. the parties to a conflict make concessions.