Strict liability is imposed only for an act that departs from a reasonable standard of care to cause an injury.

Answer the following statement true (T) or false (F)


False

Business

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The revenue recognition principle is the basis for making adjusting entries that pertain to unearned and accrued revenues.

Answer the following statement true (T) or false (F)

Business

According to the text, which of the following is the most structured sales presentation method?

A. The need-satisfaction approach B. The memorized approach C. The formula approach D. The AIDA approach E. The problem-solution approach

Business

The Jay Group hires better employees than its competition by conducting effective searches and multi-tiered interviews. The company also provides high quality training to its employees, an aspect often neglected by competitors

The Jay Group is most likely to gain a strong competitive advantage through which type of differentiation? A) image differentiation B) people differentiation C) services differentiation D) product differentiation E) channel differentiation

Business

Lisle Hair Company keeps track of the gender and age of its customers so it can target e-mails to them and be sure to have the right hair products in stock when they visit. This is an example of the use of demographics in marketing.

Answer the following statement true (T) or false (F)

Business