Option '3' is correct
Specialists may be involved in some testing of calculations.T
o perform calculations one should have a profound knowledge in the areas of statistics, and valuations (for example computing gratuity one should know Acturial valuation) so, it is not the work done by managers or employees. Expertise in that particular field are required for fair calculation. So, they are called as Specialists.
may be involved in some testing of calculations. Multiple Choice o Managers o Regulators o Specialists...
Which of the following is not a cost of decentralization? Multiple Choice 0 Managers in a decentralized organization might have a narrow focus on their own unit's performance rather than the attainment of their organization's overall goals 0 O Managers in a decentralized organization might make the same types of decisions that are being made at headquarters resulting in administrative duplication 0 Delegating decision making to the lowest level possible enables an organization to respond in a timely way to...
may be used to mitigate the risk of unauthorized access in computer operations Multiple Choice Password systems IT networks Physical controls LUIS O Saved HelpS equired information Password systems IT networks Physical controls O Testing of user applications Backup copies
All of the following are criticisms of ROI except: Multiple Choice when evaluating managers using ROI, managers may increase ROI in a way that is inconsistent with the company's strategy when evaluating managers using ROI, managers may inherit committed costs over which they have no control and this makes it difficult to fairly assess managerial performance. a manager who is evaluated based on ROI may reject investment opportunities that are profitable for the whole company but would have a negative...
The prevalence of stock options in executive pay packages: Multiple Choice 1. eliminates managers’ incentives to engage in short-term earnings management. 2. is frowned upon by the SEC. 3. may actually contribute to, rather than moderate, managers’ short-term focus. 4. has been widely cited as the main cause of the financial system meltdown that occurred in 2008.
The purpose of an informational interview is to: Multiple Choice Ο O ask job candidates some general questions. Ο O reduce the number of potential candidates. Ο gather information about an organization or a career. Ο O practice interview skills. Ο obtain employment.
MULTIPLE CHOICE. Choose the one alternative that be completes the st o wwe the guestion 1) Managers management accounting information to Alnure that financial statements are consistent with the SEC rules communicate develop and implement strategies communicate a firm's financial position to investors and regulators, and other de partie D) help external users such as investors, banks, regulators, and suppliers Explanation: A) 2) Strategy specifies standard procedures to ensure quality products B) the demand created for products and services how...
Saved Help Save & Exit Subm The basic principle involved with expense recognition is: Multiple Choice 20:57 The business is separate from its owners. O All transactions are recorded at the exchange price. O C ) The business will continue to operate indefinitely unless there is evidence to the contrary. O O C All costs that are used to generate revenue are recorded in the period the revenue is recognized
Any increase in an asset may be offset by: Multiple Choice A. a corresponding decrease in owner’ equity. B. an increase in another asset account. C. a corresponding decrease in a liability. D. a decrease in some other asset account.
What is the primary managerial responsibility in an organization? Multiple Choice O Development of employees. 0 Development of profits 0 Decision making 0 Development of performance measurements.
Progress 0% DO Multiple Choice Question What is the purpose of internal controls? O Internal controls are used by managers as a way to reduce outstanding customer balances O Managers utilize internal controls as a basis of employee performance reviews O Companies use strong internal controls to guarantee that loss is eliminated O Companies create internal controls to protect assets and ensure reliable accounting Confidence Level Rate your conticence to submit your answer Resources