Which of the Following Statements Is True About Internal-Oriented Control

question 24

Multiple Choice

Which of the following statements is true about internal-oriented control process?

• A) It has a flexible attitude, willing to compromise and keep the peace.
• B) It proves to be uncomfortable when environment seems out of control or changeable.
• C) It focuses on others such as customers, partners, and colleagues.
• D) It encourages harmony, responsiveness, and sensibility.

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Definitions:

Inventory

The basic substances, products under manufacturing, and completed items that form part of a company's assets, which are available or will soon be available for purchase.

Source of Cash

Any activity or operation within a business that generates cash, including operations, financing, and investing activities.

Accounts Receivable Period

The average number of days that it takes for a company to collect payments owed by its customers after a sale has been made.

Early Payment Discount

An incentive offered by a seller to a buyer for paying a bill before the due date.