Internal control is weakened by all of the following except
a. collusion.
b. separation of duties.
c. effects of changing conditions.
d. human error.
B
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The product positioning strategy based on a category or type of product is the positioning approach of:
A) product user B) product class C) use or application D) cultural symbol
E&OE is trying to minimize its inventory costs, which are extremely high. The company has realized that it can achieve this by maintaining a near-zero inventory and producing only once a product is ordered
Which of the following will be true for E&OE? A) Short production runs will be more expensive than longer ones. B) Setup and order-processing costs will be high. C) The order point will be high. D) Order-processing costs will be lower than the inventory-carrying costs. E) E&OE can reduce the average cost per unit by producing a long run.