Processes that handle other-than-normal situations are called ______________________________ routines or ______________________________ routines.
Fill in the blank(s) with the appropriate word(s).
error, exception
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Which one of the following is the best example of a Type II subsequent event?
a. Election of new board members. b. Change in auditors. c. Inability to collect from a significant customer. d. Acquisition of a subsidiary.
______ is the degree to which decision-making is concentrated within the organization.
A. Data analytics B. Formalization C. Centralization D. Complexity
Managerial accounting
A) is prepared according to GAAP. B) is prepared according to management needs. C) is prepared periodically only. D) is related to the entire business entity only.
A strategy which incorporates a predominant focus on a firm’s internal labour market as a source of required labour is referred to as:
a. make b. buy c. acquire d. purchase