On a flowchart, an individual employee's responsibilities are generally allocated within one or two columns. In an effective control environment, these responsibilities should A. be similar for the same employee across transaction cycles.

B. be dissimilar for the same employee across transaction cycles.

C. be allocated to an individual employee within one transaction cycle only.

D. be able to challenge an employee beyond his or her current abilities.

Martha is one producer in the perfectly competitive jelly industry. last year, martha and all of her competitors found themselves earning economic profits. if there is free entry and exit, what do you expect to happen to the number of suppliers in the industry and the price of jelly? the number of suppliers will increase, and the price of jelly will fall. the number of suppliers will decrease, and the price of jelly will increase. the number of suppliers will increase, and the price of jelly will increase. the number of suppliers will decrease, and the price of jelly will fall.