ViviTech wants to make sure that employees develop a broader understanding of work processes performed by others around them rather than rely on just knowing their own jobs. What type of training should ViviTech use to achieve this goal?
A. Spot-training
B. Efficiency-training
C. Cross-training
D. Work-training
Answer: C
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Which of the following is not one of the independent auditor's objectives regarding the examination of inventories?
A. Ascertaining the physical quantities of inventory on hand. B. Verifying that inventory counted is owned by the entity. C. Verifying that all inventory owned by the entity is on hand at the time of the count. D. Verifying that the entity has used proper inventory pricing.
Consider the balance sheet of Wilkes Industries as shown below. Because Wilkes has $800,000 of retained earnings, the company would be able to pay cash to buy an asset with a cost of $200,000. Cash$ 50,000 Accounts payable$ 100,000 Inventory200,000 Accruals 100,000 Accounts receivable 250,000 Total CL$ 200,000 Total CA$ 500,000 Debt200,000 Net fixed assets$ 900,000 Common stock200,000 _________ Retained earnings 800,000 Total assets$1,400,000 Total L & E$1,400,000
Answer the following statement true (T) or false (F)
Researchers who study happiness find that good health, companionship, and enjoyable leisure activities all contribute more to happiness than money does
Indicate whether the statement is true or false
The Hershey's example shows the complexity of implementing ERP systems in organizations
Indicate whether the statement is true or false