Internal controls that should be applied when a business takes a physical count of inventory should include all of the following except:
A) Prenumbered inventory tickets.
B) A manager confirms that all inventories are ticketed only once.
C) Counters confirm the validity of inventory existence, amounts, and quality.
D) Second counts by a different counter.
E) Counters of inventory should be those who are responsible for the inventory.
E) Counters of inventory should be those who are responsible for the inventory.
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Estefan tells one of his staff that he is taking her off of probation since she has corrected her tardiness problem. Estefan is using
A. instrumentality. B. negative reinforcement. C. punishment. D. intrinsic motivation. E. positive reinforcement.
Double-loop learning in the contemporary approach to strategic control means that the organizational assumptions, premises, goals and strategies are occasionally monitored, tested, and reviewed.
Answer the following statement true (T) or false (F)
The Lending Club removed CEO Renaud Laplanche in 2016. Hans Morris, the company executive chairman, lauded him, saying his entrepreneurial spirit was critical to the success of the firm. But he also signaled the board was removing Mr. Laplanche because he had failed to build a strong control system and culture, stating that as a public company that provides a financial service, Lending Club must meet the industry high standards of transparency and disclosure. This kind of dismissal signals what message to the public?
A. Mr. Laplanche was not a creative entrepreneur. B. Mr. Laplanche was dishonest. C. The board of directors is active and engaged. D. The board of directors needed a scapegoat to cover up their ineffectiveness.
In the context of creating and maintaining an ethical organization,more-engaged employees are much less likely to behave badly.
Answer the following statement true (T) or false (F)