An example of demographic information would be:
a. the location in which an individual stays.
b. the ethical principles of an individual.
c. the level of creativity of an individual.
d. the technology an individual uses.
ANSWER: a
Demography is the study of people's vital statistics, such as age, race and ethnicity, and location. Demographics are significant because the basis for any market is people.
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Payroll is debited and Wages Payable is credited to:
a. Pay the payroll taxes. b. Record the payroll. c. Pay the payroll. d. Distribute the payroll.
Identify the doctrine which holds that employers are free to fire an employee at any time and for any reason unless an agreement specifies otherwise.
A. The doctrine of constructive notice B. The doctrine of constructive dismissal C. The doctrine of estoppel D. The doctrine of employment at will
Which one of the following statements is not part of the incomplete revelation hypothesis (IRH)?
a. Some accounting numbers or relationships may not be fully revealed in security prices. b. Footnote disclosure is all that is needed for information to fully impact security prices. c. Some individuals’ trading habits do not respond in a rational way to new information. d. Some individuals respond to information is such a way as to impede the market from acting in a fully efficient manner.
A pencil, a dictating machine, and a word processor might compete in the same
A. generic market. B. target market. C. product-market. D. Any of these could be correct.