Campaign Services hired a new accounting manager. He signed a contract for a new accounting information system, but his position did not specify whether he was authorized to do so or not

In the above situation, which internal control procedure needs strengthening?
A) assignment of responsibilities
B) competent, reliable, and ethical personnel
C) separation of duties
D) documents

A

Business

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______________: occurs when a firm invests directly in new facilities to produce or market in a foreign country

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

Business

A garage sale is an example of what is called ________

A) the profit motive B) renewing C) casting away D) lateral recycling

Business