The systems and procedures tool that is especially useful for illustrating what happens to each copy of a multiple-copy form set is the
A. Flow process chart.
B. Operator-machine process chart.
C. EDP block diagram.
D. Horizontal flow process chart.
D
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How does the “Ethical Culture” survey method of assessing an organization’s ethical performance differ from the assessment method using a code of ethics?
a. It has employees share results of their assessments in small groups. b. It has employees use a Likert scale. c. It has employees independently rate the organization. d. It is only used for organizations that lack a code of ethics.
Accounting and legal services are examples of _____ services
a. proforma b. rented-goods c. nongoods d. owned-goods
VMI ______.
A. stands for vendor-managed inventory B. is a process in which inventory is completely eliminated C. incorporates the push concept D. makes it easier to meet quality control requirements
Which of the following assumes that financial statements of a business can be prepared for specific periods?
A) matching principle B) revenue recognition principle C) time period concept D) adjusting entry principle