If a producer learns after it sells a product that it has a problem that might cause consumers injuries, the producer must warn consumers of the danger or face liability

a. True
b. False
Indicate whether the statement is true or false

True

Business

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Job design is the process of:

A. defining the way work will be performed and the tasks that a given job requires. B. generating a pool of potential candidates for a job. C. identifying suitable candidates for jobs. D. enabling employees to learn job-related knowledge, skills, and behavior. E. presenting candidates

Business

An internal auditor for a unversity performed an assurance engagement to review the university bookstore's cash function. Which of the following actions will be deemed lacking in due professional care?

a) a flowchart of the entire cash function was developed, but only a sample of transactions were tested b) because of a highly developed system of internal control over the cash function, the final engagement communication assures senior management that no irregularities exist c) the final engagement communication included a well-supported recommendation for the reduction in staff, although it was known that such a reduction would adversely affect morale d) organizational records were reviewed to determine whether all employees who handled cash receipts and disbursements were bonded

Business