Shareholders in Frontier Communications were not pleased to learn that the company's market share had changed from 40 to 21 percentage points, a loss of 19 percentage points. What was the percent change in market share?

The purchasing manager at Folding Squid Technologies has responsibility for reviewing and authorizing purchase orders. Receiving reports are prepared by shipping and receiving based on the relevant purchase order(s). Purchase orders, receiving reports, and vendor invoices are reconciled by accounts payable, which authorizes payment. Which of the following would correct control weaknesses, if any, related to these activities?

A) Vendor invoices should be reviewed by the purchasing manager to ensure that they are correct. B) Accounts payable should authorize purchase orders. C) Receiving reports should be reviewed and corrected by the purchasing manager. D) Controls are adequate under the current system.

A situation where one relationship or obligation places you in direct conflict with an existing relationship or obligation defines a ____________.

A. relational conflict B. conflict of interest C. ethical ambiguity D. value chain