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Which of the following methods, if used in conjunction with electronic data interchange (EDI), will improve the organization's cash management program, reduce transaction data input time and errors, and allow the organization to negotiate discounts with EDI vendors based on prompt payment?
Which of the following methods, if used in conjunction with electronic data interchange (EDI), will improve the organization's cash management program, reduce transaction data input time and errors, and allow the organization to negotiate discounts with EDI vendors based on prompt payment?A . Electronic funds transfer.B . Knowledge-based systems.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...
In order to maximize profit, how much of product Y should the organization produce each month?
An organization produces two products, X and Y. The materials used for the production of both products are limited to 500 kilograms (kg) per month. All other resources are unlimited and their costs are fixed. Individual product details are as follows: Product X Product Y Selling price per unit $10...
Which of the following is a role of the board of directors in the governance process?
Which of the following is a role of the board of directors in the governance process?A . Conduct periodic assessments of the organization's governance systems.B . Obtain assurance concerning the effectiveness of the organization's governance systems.C . Implement an effective system of internal controls to support the organization's governance systems.D...
Under a value-added taxing system:
Under a value-added taxing system:A . Businesses must pay a tax only if they make a profit.B . The consumer ultimately bears the cost of the tax through higher prices.C . Consumer savings are discouraged.D . The amount of value added is the difference between an organization's sales and its...
Which of the following techniques would be least effective in resolving the conflict created by an internal audit client's perception of the audit report as a personal attack on his management performance?
Which of the following techniques would be least effective in resolving the conflict created by an internal audit client's perception of the audit report as a personal attack on his management performance?A . The auditor should focus on the audit client as a person and understand him, rather than just...
Which of the following stages of group development is associated with accepting team responsibilities?
Which of the following stages of group development is associated with accepting team responsibilities?A . Forming stage.B . Performing stage.C . Norming stage.D . Storming stage.View AnswerAnswer: C
Capacity overbuilding is most likely to occur when management is focused on which of the following?
Capacity overbuilding is most likely to occur when management is focused on which of the following?A . Marketing.B . Finance.C . Production.D . Diversification.View AnswerAnswer: C
Which of the following is not a method for implementing a new application system?
Which of the following is not a method for implementing a new application system?A . Direct cutover.B . Parallel.C . Pilot.D . Test.View AnswerAnswer: D
Based on this data, which of the following describes the value of Cost X in relation to the value of Output Produced?
5 Based on this data, which of the following describes the value of Cost X in relation to the value of Output Produced?A . Cost X is a variable cost.B . Cost X is a fixed cost.C . Cost X is a semi-fixed cost.D . Cost X and the value...
