A formal decision-making process has six stages. Which of the following is one of these stages?
A. thriving on the risks of taking a decision
B. minimizing the consequences of a decision
C. anticipating the outcome of a decision
D. evaluating the decision
E. controlling the damage caused by a wrong decision
Answer: D. evaluating the decision
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From the viewpoint of good internal accounting control, which of the following individuals would be the proper person to prepare bank reconciliations for a company that receives cash payments both through the mail and from customers in person?
Select one: A. The individual who opens the company's mail and lists the payments received B. The individual who works in the customer service department and receives payments from customers who pay in person C. The individual who deposits the daily cash receipts in the bank D. None of the above
Unfamiliar terms are often de?ned at the end of the report in a section called a/an
A) Summary. B) Recommendations. C) Appendix. D) Glossary.