Which One of the Following Functions Should Be the Responsibility

question 15

Multiple Choice

Which one of the following functions should be the responsibility of the controller rather than the treasurer?

• A)daily cash deposit
• B)income tax returns
• C)equipment purchase analysis
• D)customer credit approval
• E)payment to a vendor

Understand the principles of rephrasing negative phrases into positive ones.

Identify strategies for responding to rumors and negative information on social media.

Learn techniques to minimize the impact of conveying negative organizational news.

Understand the use of the indirect approach for refusing claims and delivering bad news.

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Definitions:

Demand

The quantity of a product or service that consumers are willing and able to purchase at various prices over a given period of time.

Allocative Efficiency

A state of the economy in which production represents consumer preferences; every good or service is produced up to the point where the last unit provides a marginal benefit equal to its marginal cost of production.

Productive Efficiency

A situation in which an economy or entity can no longer produce additional amounts of a good without lowering the production level of another product.

Substitute Goods

Products or services that can be used in place of each other, having a positive cross-elasticity of demand.