To validate the study, the supervisors call ________ of the respondents to inquire whether the field workers actually conducted the interviews
A) 1 percent to 10 percent
B) 10 percent to 25 percent
C) 25 percent to 40 percent
D) 40 percent to 49 percent
E) 50 percent
B
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The Income Summary account has a credit balance of $27,000 after the revenue and expense accounts have been closed. Which of the following is credited to close the Income Summary account?
A) Dividends B) Sales Revenue C) Cost of Goods Sold D) Retained Earnings
Under current U.S. GAAP unrealized gains and losses from four balance sheet items are reported in accumulated other comprehensive income or loss. Which of the following is not one of the balance sheet items?
a. Derivatives held as cash flow hedges. b. Deferred tax assets related to net operating loss carryforwards. c. Minimum pension obligations. d. Investment securities classified as available for sale.
Offline word-of-mouth is defined as
A) information spread by conventional advertising. B) information spread by consumers face-to-face. C) consumer communication interrupted by network outages. D) MPR professionals talking with company management. E) negative or hostile media mentions.
The calculated cost of trade credit for a firm that buys on terms of 2/10, net 30, is lower (other things held constant) if the firm plans to pay in 40 days than in 30 days.
Answer the following statement true (T) or false (F)