The preparation of an organization's budget

a. forces management to look ahead and try to see the future of the organization.
b. requires that the entire management team work together to make and carry out the yearly plan.
c. makes performance review possible at all levels of management.
d. all of the above.

D

Business

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The process of transferring risk to the capital markets through the use of financial instruments such as bonds, futures contracts, and options is known as

A) consolidation of risk. B) avoidance of risk. C) securitization of risk. D) compartmentalization of risk.

Business

In helping identify ethical problems, the firm's code of conduct should be tailored to match the norms of each individual region from which the firm operates

Indicate whether the statement is true or false

Business