________ management emphasized internal operations because managers were concerned primarily with meeting the explosive growth in demand brought about by the Industrial Revolution.
A. Quantitative
B. Scientific
C. Systematic
D. Bureaucratic
E. Administrative
Answer: C
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In the development of a cash budget, which of the following elements must be determined first?
a. Ending balance of Accounts Receivable b. Direct materials purchases c. Estimated sales in units d. Cash for payroll
Which of the following is the basic internal control measure for cash?
A) keeping money in a bank account B) checking for counterfeit bills C) counting cash receipts twice D) internal audit of cash procedures
In Moran v. Sims, where the house Sims built was surrounded by land owned by Moran, and Sims sued for an easement for access to his house, the courts held that:
a. an easement cannot be created by fraud b. Sims had no right to demand an easement c. public policy required Sims to be given an easement so he could get to his house d. Sims did not have an easement, but Moran could not block Sims from driving to get to his property, so he had an equitable right to access his property e. none of the other choices
Which is an example of a conglomerate merger?
A) Frito-Lay merging with Pepsi B) Peter Pan Bus Company merging with Greyhound C) Chrysler merging with Ford D) Starbucks merging with Dunkin' Donuts E) International Paper merging with Kraft Foods