BUSN 115 STUDY Learn Do Live /busn115study.com BUSN 115 STUDY Learn Do Live /busn115study.com | Page 46

It is incompatible with corporate responsibility.
It involves appreciating the challenges a company faces in satisfying
customer needs.
It involves acknowledging that businesses always benefit society.
It involves ignoring one's customer experiences.
Question 3. Question : (TCO 1) _____ audit the financial reports of
public companies as required by law.
Internal accountants
External auditors
Credit managers
Management accountants
Question 4. Question : (TCO 1) Which of the following is a
characteristic feature of economic contraction?
Decreased unemployment rates
Decreased consumer spending
Increased income
Increased employment
Question 5. Question : (TCO 1) Inflation is a major concern for
consumers, businesses, and government leaders, because it _____.
decreases the purchasing power of consumers
decreases the production costs
increases the demand for commodities