Which of the following situations is not a segregation of duties violation?
a. The treasurer has the authority to sign checks but gives the signature block to the assistant treasurer to run the check-signing machine.
b. The warehouse clerk, who has the custodial responsibility over inventory in the warehouse, selects the vendor and authorizes purchases when inventories are low.
c. The sales manager has the responsibility to approve credit and the authority to write off accounts.
d. The department time clerk is given the undistributed payroll checks to mail to absent employees.
e. The accounting clerk who shares the record keeping responsibility for the accounts receivable subsidiary ledger performs the monthly reconciliation of the subsidiary ledger and the control account.
B
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Which of the following is an organizational result from an effective and efficient supply chain management system?
A. Decrease the power of its buyers. B. Increase efficiencies while seeking a competitive advantage through cost leadership. C. Create entry barriers thereby reducing the threat of new entrants. D. All of these.
A highly mechanized or rule-based organization ______.
a. is rare b. tends to inhibit change c. tends to create leaders d. helps managers to become better leaders
As of May 2018, what percentage of the top 500 CEOs were female?
a. approximately 25% b. slightly less than 20% c. slightly more than 10% d. slightly less than 5%
In liquidation cases the creditors look to the debtor's property at the commencement of the bankruptcy proceeding
a. True b. False Indicate whether the statement is true or false