Which of the following actions would most likely create an opportunity for fraud?
a. requiring all documents over seven years old be shredded
b. requiring that the department manager authorize purchase orders only for purchase amounts for more than $100
c. requiring one password code for each entire department to enter the storeroom
d. using a manual accounting system
c
FEEDBACK: a. Incorrect. This action would not create an opportunity for fraud.
b. Incorrect. The opportunity to make fake purchases would be present, but only for very small amounts.
c. Correct. This would allow anyone in the department to enter the storeroom to steal assets without being identified.
d. Incorrect. It isn't whether the system is manual or computerized, but the quality of the system that may or may not deter fraud.
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Which term best describes the behaviors of Neena and Tariq?
Isaiah, an employee at Lakeside Ventures Inc., is assigned a team project. He is concerned about this project because his compensation is partly dependent upon the team's performance. One of his team members, Connor, thinks his contributions are not important and decides to let the rest of the team members do the work. Two other team members, Neena and Tariq, work hard as long as all are together, but do not work well on their own. Isaiah has the responsibility of keeping his team members motivated in order to improve their performance.
Which of the following is true of supply chain agility?
a. It helps companies limit the resources they spend on activities that create direct customer benefits. b. It seeks to reduce the interactions between a company and its suppliers and service providers. c. It enables a company to offer better customer service but at an increased supply chain cost. d. It allows companies to adapt quickly and easily to customer needs.