The most cost-effective type of internal control is
a. preventive control
b. accounting control
c. detective control
d. corrective control
A
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Indicate whether the statement is true or false
Alexander did not make many sales this quarter. He considered adding a few fake entries to his quarterly report. However, he decided not to do so when the boss mentioned that the new computer software is designed to catch any inconsistencies. It appears Alexander is at the ______ of moral development.
A. preconventional level B. conventional level C. postconventional level D. neoconventional level
The primary goal of a publicly owned firm interested in serving its stockholders should be to _____.?
A. ?minimize the debt used by a firm B. ?maximize expected EPS C. ?minimize the chances of losses D. ?maximize the stock price per share E. ?maximize expected net income
The process of market segmentation involves breaking down a heterogeneous market into homogeneous and identifiable segments. If this process is carried to its extreme, then one could say that:
A. this is the reason segmentation cannot be used by small firms B. all individuals have the same needs in spite of cultural differences C. everyone belongs to the same segment D. segmentation controls the demand for products E. every individual in the world is a market segment