Internal controls are concerned with
A. only manual systems of accounting
B. the extent of government regulations
C. safeguarding assets
D. preparing income tax returns
Ans: C. safeguarding assets
Business
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One of the tactics for using conflict to stimulate cultural and procedural changes in an organization is to announce __________
a. lay-offs b. demotions c. pay-cuts d. bonuses
Business
When a lender "calls" a loan, he:
A: Accelerates all sums owing; B: Liquidates the obligation by amortization; C: Seizes the property securing the loan by court action; D: Calls upon the maker to pay delinquent installments.
Business