Bad Firms

question 86

Multiple Choice

Bad firms

• A) do not have an incentive to make themselves look good.
• B) will slant the information they are required to transmit to the public.
• C) both A and B of the above.
• D) neither A nor B of the above.

Understand the establishment and replenishment of a petty cash fund.

Recognize the importance of maintaining a minimum cash balance (compensating balances).

Understand the objectives and implementation of internal control systems.

Identify and apply adjustments for bank statement and company books in bank reconciliations.

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Definitions:

External Human Capital Supply

The availability of potential employees outside the organization qualified to fill job vacancies or meet workforce requirements.

Macro- Perspective

An approach that looks at the society, economy, or market as a whole, rather than focusing on individuals or specific entities.

Micro- Perspective

A detailed view or analysis that focuses on individual elements or small components of a larger system or issue.

Human Resource Forecasting Process

The process of estimating the future human resource needs of an organization, taking into account business demand and the current workforce's skill set.