The three types of shopping centers are regional shopping centers, community shopping centers, and neighborhood shopping centers/strip malls. Describe how they are different from each other
What will be an ideal response?
Regional shopping centers are the largest shopping centers and they contain anywhere from 40 to more than 200 stores. They attract customers from a wide area. Smaller than regional shopping centers, community shopping centers contain between 15 and 40 stores. They normally contain a branch of a department store or variety store, a supermarket, specialty stores, professional offices, and sometimes a bank. Smaller still are neighborhood shopping centers/strip malls, which generally contain five to 15 stores. They are close and convenient for consumers, usually containing a supermarket, a discount store, and several service stores.
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Which of the following statements is FALSE?
A) The conflict of interest between managers and investors derives from the separation of ownership and control in a corporation. B) Any discussion of corporate structure—the system of controls, regulations, and incentives designed to prevent fraud—is a story of conflicts of interest and attempts to minimize them. C) Once control and ownership are separated a conflict of interest arises between the owners and the people in control of a corporation. D) The separation of ownership and control is perhaps the most important reason for the success of the corporate organizational form. Because any investor can hold an ownership stake in a corporation, investors are able to diversify and thus, with no costs, reduce their risk exposures.
A turnaround document that is used to enhance internal control and promote the accuracy of incoming cash receipts is the
A) journal voucher. B) remittance advice. C) bank deposit slip. D) remittance list.