Evaluated Receipts Settlement is ________.

A) a streamlined process that bypasses paper documents altogether
B) a process that eliminates the need for separation of duties
C) a procedure that compresses the payment approval process into a single step by comparing the receiving report to the purchase order
D) an organizational plan and all the related measures adopted by an entity to safeguard assets,
encourage employees to follow company policies, promote operational efficiency, and ensure
accurate and reliable accounting records


C) a procedure that compresses the payment approval process into a single step by comparing the receiving report to the purchase order

Business

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Many consumers are willing to pay $100 for a perfume that contains $10 worth of scent because the perfume is from a well-known brand. What does this image pricing suggest about these consumers?

A) They process prices from left to right. B) They use the price as an indicator of quality. C) They are rounding up the price. D) They are remembering an external frame of reference. E) They are breaking the price into smaller units.

Business

When a firm uses a direct-shipment design, ______.

A. each supplier sends shipments directly to each of the buying firm’s locations B. the only decision the buying company’s purchasing manager has to make is the quantity of goods to be ordered C. the only decision the buying company’s purchasing manager has to make is the price of goods to be ordered C. the only decision the buying company’s purchasing manager has to make is the date the goods are to be delivered

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After the boss called out Roger’s work error in front of his colleagues, he took a couple deep breathes before responding. Roger knew on of his “hot buttons” of embarrassment had been pushed. What phase of Runde and Flanagan’s model was Roger practicing?

A. phase 1: cool down B. phase 2: slowing down C. phase 3: engaging constructively D. phase 4: finalize engagement

Business

If gun control legislation were passed to reduce the number of homicides, which of the following graphs would best indicate that the legislation might be producing the intended effect?

Business