Consider the Following Systems Flowchart as You Respond to the Question

question 52

Multiple Choice

Consider the following systems flowchart as you respond to the question: Assuming the actual process works exactly as depicted in the flowchart, ___ is in a position to steal from the company.

• A)The inventory manager only
• B)The accounting manager only
• C)Either the inventory manager or the accounting manager
• D)Neither the inventory manager nor the accounting manager

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Definitions:

Free Trade

The unrestricted purchase and sale of goods and services between countries without the imposition of constraints such as tariffs, duties and quotas.

Entrepreneurial Ability

The skill to innovate, take risks, and efficiently allocate resources to create and manage a business.

Human Capital

A form of intangible capital that includes the skills and other knowledge that workers have or acquire through education and training and that yields valuable services to a firm over time.

Labor Productivity

The measure of economic output per unit of labor input, often used to gauge the efficiency of a workforce.