Multiple Choice
Match the options below with the correct phrase:
-audit
A) a relationship of two numbers
B) income - expenses = profit or loss
C) a budget that always must be justified from "square one"
D) a formal investigation conducted to determine if financial documents are correct and consistent with the organization's policies, rules, and procedures
E) treats employees as assets
F) details how each financial responsibility center will manage its cash
G) provides estimates of revenues and expenses for a given period of time
H) assets = liabilities + stockholders' equity
I) each financial responsibility center's financial plan
J) an organizational unit that contributes costs, revenues, profits, or investments
K) involves selecting two critical figures from a financial statement and expressing their relationship as a ratio or percentage
L) a feedforward control technique that
M) a person responsible for planning and overseeing managment of all risks
N) a disciplined process that focuses on developing near-perfect products
O) cash flow statement
P) designed to measure and monitor specific aspects of an organization
Q) an inventory control system that matches purchasing with need
Correct Answer:

Verified
Correct Answer:
Verified
Q104: Resources owned by a business are known
Q105: Financial organizational audits are usually informal.
Q106: Liabilities are financial obligations that are also
Q107: The accounting balance sheet "equation" is _.<br>A)assets
Q108: Controls are self sufficient;they do not have
Q110: Match the options below with the correct
Q111: Changing the engine oil and oil filter
Q112: Demographic data relate to cultural origin,religion,political philosophy,and
Q113: Computer monitoring of customer service telephone calls
Q114: Often an employee can follow _ when