Franco files a petition in bankruptcy. The initial proceeding on this peti-tion will be in
A) a federal bankruptcy court
B) a state bankruptcy court.
C) the highest court in the state in which Franco is located.
D) the United States Supreme Court.
A
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Which of the following would be the least effective control to prevent paying the same vendor invoice twice?
A) Allow only the accounts payable department to authorize payment for vendor invoices and allow only the cash disbursements department to cut and mail checks to vendors. B) Only pay from original invoices. C) Cancel each document in the voucher package once the check is prepared and mailed. D) Only pay vendor invoices that have been matched and reconciled to a purchase order and a receiving report.
The major difference between value and value chains is that only ______
a. value is tangible benefits b. value covers intangible benefits c. value chain relates to the channel of distribution d. value chain covers the total bundle of benefits received by consumers