All of the following are important controls over credit memos except:

A. Proper segregation of duties to ensure that sales discounts taken were earned.

B. Credit memos should be approved by someone other than whoever initiated it.

C. Credit memos should be supported by a receiving document for returned goods.

D. Proper segregation of duties between access to customer records and authorizing credit memos.


A. Proper segregation of duties to ensure that sales discounts taken were earned.

Business

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Everything else remaining unchanged, an increase in the supply of security A and an increase in the demand for security B causes the price of security A to ____ and the price of security B to ____.

A. fall; fall B. fall; rise C. rise; fall D. rise; rise

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The creation of the European Union has benefited marketers wanting to enter Europe because they now have access to a homogeneous market consisting of 27 countries

Indicate whether the statement is true or false

Business

The systems development life cycle (SDLC) approach is also called _____, because it consists of several distinct phases that are followed methodically, and the developers complete the phases sequentially.

Fill in the blank(s) with the appropriate word(s).

Business

What is the function of a data scientist?

A. To extract knowledge from data by performing statistical analysis, data mining, and advanced analytics on big data to identify trends, market changes, and other relevant information. B. To focus on forecasting future trends and produce insights using sophisticated quantitative methods, including statistics, descriptive and predictive data mining, simulation, and optimization. C. To process and manage algorithms across many machines in a computing environment. D. To collect large, complex data sets, including structured and unstructured data, which cannot be analyzed using traditional database methods and tools.

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