1. In the management-by-objectives (MBO) system of performance appraisal, an individual's degree of goal attainment:
a. becomes the individual's performance appraisal.
b. is not used as the basis for performance evaluation of the individual.
c. is the same as the degree of accomplishment of the organization's goals.
d. is qualitative and subjective.
2. Flowcharts can impact the design, implementation and evaluation of an accounting information system. Determine whether each statement below is: (i) always true, (ii) sometimes true or (iii) never true.
a. Accounting information systems have five generic elements; a flowchart can be an example of at least one of the elements.
b. All aspects of an AIS should always be represented in a single flowchart of no more than three pages.
c. Flowcharts are required if a company wants to use the COSO internal control framework.
d. Flowcharts are useful to auditors.
e. Flowcharts can be used as part of a business process management project for an AIS.