Codes that are too detailed encourage employees to substitute rules for judgment
Indicate whether the statement is true or false
a. True
b. False
ANSWER: True
Codes that are too detailed encourage employees to substitute rules for judgment. For instance, if employees are involved in questionable behavior, they may use the absence of a written rule as a reason to continue behaving that way, even though their conscience may be telling them to stop.
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Input validity for ______________________________ is ensured by making sure that the invoice is for goods that were actually ordered and actually received
Fill in the blank(s) with correct word
What is information about a client that cannot be subpoenaed by a court of law called?
a. Confidential information. b. Privileged communication. c. Contingent information. d. Audit communication.
A demand curve shows the number of units the market will buy in a given time period at different prices that could be charged
Indicate whether the statement is true or false
A corporation with $10 par common stock issues a large stock dividend. The capitalization of retained earnings is equal to:
A. The market value of the shares outstanding. B. The market value of the shares to be distributed. C. The par value of the shares outstanding. D. The par value of the shares to be distributed. E. There is no capitalization of retained earnings in the case of a large stock dividend.