Systems consist of the organizational processes and procedures that a firm uses in its daily

operations, such as controls and incentives, resource-allocation procedures, budgets, and
distribution.

Indicate whether the statement is true or false

TRUE

Business

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Which of the following is an example of an intangible asset?

A. Accounts receivable B. Trademarks C. Prepaid expenses D. Property, plant, and equipment

Business

____________________ are principles so fundamental to human existence that important in all societies e.g. rules against murder, deceit, torture, oppression

Fill in the blank(s) with the appropriate word(s).

Business