Which of the following constitutes a control weakness related to factory equipment?
A. A policy requiring all purchases of factory equipment to be made by the department in need of the equipment.
B. Checks issued in payment of purchases of equipment are not signed by the controller.
C. Factory equipment replacements are generally made when estimated useful lives, as indicated in depreciation schedules, have expired.
D. Proceeds from sales of fully depreciated equipment are credited to other income.
A. A policy requiring all purchases of factory equipment to be made by the department in need of the equipment.
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Which of the following statements is true of marketing channels?
A) A direct marketing channel removes a business from the end-user customer. B) A direct marketing channel offers higher margins than an indirect channel, but the company must bear the cost of marketing expenses. C) Customers who make small purchases are usually profitably served with a direct channel system. D) An indirect marketing channel is often expensive, so it limits the number of customers a business can profitably reach. E) Original equipment manufacturers (OEMs) are part of a direct marketing channel system.
What is a characteristic of delayering?
A. It increases an organization's flexibility. B. It sets pay according to the employees' level of knowledge. C. It encourages a climate of learning. D. It decreases the flexibility of managers in making assignments. E. It increases the opportunities for promoting employees.
Future taxable income is characteristic of all of the following situations except:
a. where deferred tax assets result. b. where deferred tax liabilities result. c. where the tax basis of liabilities exceed the financial reporting basis. d. where the tax basis of assets is less than financial reporting basis.
A ________ is a lower-triangle matrix containing pairwise distances between objects or cases
A) classification matrix B) correlation matrix C) similarity/distance coefficient matrix D) factor matrix