Select -ParagraphStyles8. Which of the following is the best way to compensate for inadequate segregation of duties?Editinga. Direct involvement of owners in key functions.b. Maintaining sound recruiting schemes.c. Giving chronological numbers for all source documents.d. Preparing budgets and performance reports.9. Which of the following is an example of reducing uncertainty by which informationimproves decision making?a. A cost report with large variances.b. Setting prices and determining credit policies.c. Selecting a new marketing strategy due to the failure of a particular strategy.d. None of the above.10. The proliferation of master files results in:a significant increase in the number of master files that organization created.b. the advantage to obtain an organization-wide view of the data.c. the advantage to effectively integrate data stored in different files.d. that different data were stored in two or more separate master file.a.11. Which of the following strategy emphasizes on adding features or services not provided bycompetitors to a product so that a premium can be charged?a. Low cost.b. Variety-based.c. Product differentiation.d. Needs-based.

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Styles Edi 8. Which of the following is the best way to compensate for inadequate segregation of duties? Direct involvement of owners in key functions. b. Maintaining sound recruiting schemes. C. Giving chronological numbers for all source documents. d. Preparing budgets and performance reports. a. Whieh

Styles Edi 8. Which of the following is the best way to compensate for inadequate segregation of duties? Direct involvement of owners in key functions. b. Maintaining sound recruiting schemes. C. Giving chronological numbers for all source documents. d. Preparing budgets and performance reports. a. Whieh

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Select -
Paragraph
Styles
8. Which of the following is the best way to compensate for inadequate segregation of duties?
Editing
a. Direct involvement of owners in key functions.
b. Maintaining sound recruiting schemes.
c. Giving chronological numbers for all source documents.
d. Preparing budgets and performance reports.
9. Which of the following is an example of reducing uncertainty by which information
improves decision making?
a. A cost report with large variances.
b. Setting prices and determining credit policies.
c. Selecting a new marketing strategy due to the failure of a particular strategy.
d. None of the above.
10. The proliferation of master files results in:
a significant increase in the number of master files that organization created.
b. the advantage to obtain an organization-wide view of the data.
c. the advantage to effectively integrate data stored in different files.
d. that different data were stored in two or more separate master file.
a.
11. Which of the following strategy emphasizes on adding features or services not provided by
competitors to a product so that a premium can be charged?
a. Low cost.
b. Variety-based.
c. Product differentiation.
d. Needs-based.

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