_____ is the concern of business for the long-range welfare of both the company and its relationships to the society within which it operates.
A. Consumerism
B. Corporate social responsibility
C. Cultural sensitivity
D. Conventional morality
E. Environmental consideration
Answer: B
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After completing the preliminary phase of the review of internal control, the auditor decides not to rely on the system to restrict substantive procedures. Documentation may be limited to the auditor's:
A. basis for concluding that errors and fraud will be prevented. B. reasons for deciding not to extend the review. C. completed internal control questionnaire. D. understanding of the internal control.
Answer the following statements true (T) or false (F)
1. Employees who are having computer problems at Barbour Oil and Gas go to Colin rather than the IT department; he is just so efficient and friendly about helping out and is extremely knowledgeable. Here, Colin has referent power. 2. Referent power is more likely to be associated with leaders than with managers. 3. Emily has a charismatic personality, which gives her personalized power. 4. Studies among employees reveal that pressure tactics are the most commonly used to influence others in the workplace.
The marketing manager needs to know the cost of the research project before approving it. During which stage of the marketing research process would such a consideration most likely take place?
A) defining the problem B) analyzing the information C) drafting the report D) developing the research plan E) collecting information
Credit approval policies are implemented by organizations primarily to accomplish which of the following objectives?
a. To determine revenue recognition policies. b. To ensure customer satisfaction. c. To prevent lapping by the accounts receivable department. d. To ensure the realization of receivables.