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

1. At the end of the year, Mary's supervisor asked her to record sales transactions for products that
would not ship until the following year, and she complied. Mary has violated IMA ethical standards.
2. A company's organizational chart shows the relationships between departments and divisions and the
managers that are responsible for each section.
3. Most companies structure their organizations along departments or divisions.
4. A company's president or chief executive officer (CEO) is selected by the stockholders.
5. Staff positions are directly involved in providing goods or services to customers.


1. TRUE
2. TRUE
3. TRUE
4. FALSE
5. FALSE

Business

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