Which of the following components of internal control consists of work performed by internal and external auditors?
A) monitoring of controls
B) information systems
C) control procedures
D) control environment
A
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Which of the following costing methods combines the cost of units in beginning inventory with the current period costs to determine the unit production cost?
A) LIFO B) Average cost C) FIFO D) Direct
Which of the following is NOT an informative speaking category?
a. Speeches about ideas and objects b. Speeches about processes and procedures c. Speeches about decisions to be made d. Speeches about people and events
Answer the following statements true (T) or false (F)
1. Culture is what we grow up in, according to Gould. 2. Differences between cultures must be understood but not accepted for international business. 3. Uncertainty avoidance indicates the extent to which a society accepts the fact that power in institutions and organizations is distributed unequally. 4. The Philippines, Venezuela, and Mexico are countries with low power distance, according to Hofstede.
The closing of a bad-news message may include all of the following except
A) anticipate future relations or business B) reference resale or promotional information. C) include coupons, samples, or gifts. D) a restatement of the bad news.