The three major types of forecasts used by organizations in planning future operations are:
A) strategic, tactical, and operational.
B) economic, technological, and demand.
C) exponential smoothing, Delphi, and regression.
D) causal, time-series, and seasonal.
E) departmental, organizational, and territorial.
B
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Most audit firms use a schedule to accumulate the known and projected misstatements and the carryover effects of prior-year uncorrected misstatements. Which of the following statements regarding this process is false?
a. Adjustments made to correct the financial statements are referred to as booked. b. Possible adjustments to the financial statements that are left uncorrected are referred to as waived. c. Tax effects are not shown on schedules of correcting errors. d. The nature of the misstatement, as well as the quantitative amount, is considered in the judgment of materiality.
The underlying component of a successful sales presentation is:
A. utilizing statistical information as support. B. explaining product features clearly. C. identifying important product advantages. D. differentiating between wants and needs. E. determining the customer's needs.
A rules-based approach to workplace justice was welcomed by unions because it fulfilled the union's need for:
A. Workplace Flexibility B. Stability in the workplace C. Discipline in the workplace D. Avoiding wildcat strikes
A system to protect workers against managerial abuse by dictating rewards and job allocation through detailed work rules, seniority rights, and/or a contract is known as:
A. Business unionism B. Job control unionism C. An implicit psychological contract D. A collective bargaining contract