A(n) ________ helps employees act ethically by setting limits beyond which an employee must not pass.
A) boundary system
B) diagnostic control system
C) interactive control system
D) internal control system
Answer: A) boundary system
Business
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An effective residential property manager would often use all of the following EXCEPT.
A. Accounting procedures B. Knowledge of hazard insurance C. Marketing techniques D. Bond market quotations
Business
Which of the following criteria would require a lessee to classify a lease of land as a capital lease? 1. Transfer of ownership 2. Contains a bargain purchase option 3. Lease term is 75% of economic life 4. Present value of lease payments is 90% of fair value ? ?
A) any of the criteria B) criterion 1 or 2 C) criterion 1, 2, or 3 D) criterion 1, 2, or 4
Business