Revenue is earned only when money is received
Indicate whether the statement is true or false
False
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Which one of the following documents is used in the control of cash receipts?
a. Purchase requisitions b. Receiving reports c. Canceled checks from customers d. Bank deposit slips
Market skimming pricing makes sense under all the following conditions, EXCEPT if ________
A) a sufficient number of buyers have a high current demand B) the unit costs of producing a small volume are high enough to cancel the advantage of charging what the traffic will bear C) the high initial price does not attract more competitors to the market D) consumers are likely to delay buying the product until its price drops E) the high price communicates the image of a superior product
Competition laws are intended to prevent inappropriately large concentrations of economic power, such as _____________.
Fill in the blank(s) with the appropriate word(s).
Alice enjoys going to work. She is satisfied with her own capabilities to do her job effectively and efficiently. Her position gives her the feeling of control and satisfaction of knowing that she can do what it takes to get the job done. What type of motivation is influencing Alice?
a. Intrinsic motivation b. Inherent motivation c. Extraneous motivation d. Extrinsic motivation