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Which of the following statements is true regarding the relationship between an individual’s average tax rate and marginal tax rate?
Which of the following statements is true regarding the relationship between an individual’s average tax rate and marginal tax rate?A . In a regressive personal tax system, an individual's marginal tax rate is normally greater than his average tax rate.B . In a regressive personal tax system, an individual's marginal...
Which of the following best describes a market signal?
Which of the following best describes a market signal?A . The bargaining power of buyers is forcing a drop in market prices.B . There is pressure from the competitor's substitute products.C . Strategic analysis by the organization indicates feasibility of expanding to new market niches.D . The competitor announces a...
A holding company set up a centralized group technology department, using a local area network with a mainframe computer to process accounting information for all companies within the group.
A holding company set up a centralized group technology department, using a local area network with a mainframe computer to process accounting information for all companies within the group. An internal auditor would expect to find all of the following controls within the technology department except:A . Adequate segregation of...
Which of the following factors would reduce dissatisfaction for a management trainee but would not particularly motivate the trainee?
Which of the following factors would reduce dissatisfaction for a management trainee but would not particularly motivate the trainee?A . A sense of achievement.B . Promotion.C . Recognition.D . An incremental increase in salary.View AnswerAnswer: D
Which of the following statements is correct regarding risk analysis?
Which of the following statements is correct regarding risk analysis?A . The extent to which management judgments are required in an area could serve as a risk factor in assisting the auditor in making a comparative risk analysis.B . The highest risk assessment should always be assigned to the area...
Which of the following annual interest rates is least expensive?
An organization needs to borrow a large amount of cash to fund its expansion plan. Which of the following annual interest rates is least expensive?A . 7 percent simple interest with a 10 percent compensating balance.B . 7 percent simple interest paid at the end of each year.C . 7...
A milestone requires resource allocation and needs time to be completed.
A milestone requires resource allocation and needs time to be completed.A . 1 and 4 onlyB . 2 and 3 onlyC . 1, 2, and 3 onlyD . 1, 2, 3, and 4View AnswerAnswer: C
Which of the following is a major advantage of decentralized organizations, compared to centralized organizations?
Which of the following is a major advantage of decentralized organizations, compared to centralized organizations?A . Decentralized organizations are more focused on organizational goals.B . Decentralized organizations streamline organizational structure.C . Decentralized organizations tend to be less expensive to operate.D . Decentralized organizations tend to be more responsive to market...
When writing a business memorandum, the writer should choose a writing style that achieves all of the following except:
When writing a business memorandum, the writer should choose a writing style that achieves all of the following except:A . Draws positive attention to the writing style.B . Treats all receivers with respect.C . Suits the method of presentation and delivery.D . Develops ideas without overstatement.View AnswerAnswer: A
A supervisor receives a complaint from an employee who is frustrated about having to learn a new software program. The supervisor responds that the new software will enable the employee to work more efficiently and with greater accuracy.
A supervisor receives a complaint from an employee who is frustrated about having to learn a new software program. The supervisor responds that the new software will enable the employee to work more efficiently and with greater accuracy. This response is an example of:A . Empathetic listening.B . Reframing.C ....
