The last step in the marketing research process is to:
A) prepare and present the final research report
B) be sure you have an adequate sample size
C) get approval to fund the research
D) define the problem
E) seek approval from the CIO
A
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Which of the following is not a type of statistical method that provides results in dollar terms?
a. Variables sampling. b. Attributes sampling. c. Monetary unit sampling. d. Probability proportional to size sampling.
Answer the following statements true (T) or false (F)
1. The total change in cash should equal the net income for the period. 2. For the year ended December 31, 2019, the Statement of Cash Flows for Mississippi Family Auto Supply shows the following information: Net Cash Used by Operating Activities, $(74,000); Net Cash Provided by Investing Activities, $49,000; and Net Cash Provided by Financing Activities, $45,000. Cash has increased by $168,000. 3. The third section presented on the statement of cash flows is the non-cash operating activities section. 4. A debtor of Adams Company owes $500,000 but does not have enough cash to repay the debt. Following lengthy negotiations, the parties agreed that the debtor will issue 200,000 shares of common stock to settle the debt. This transaction will be reported in the investing activities section of the statement of cash flows for Adams Company.
Assume that the expectations on the static budget were met. We can conclude that:
A) the static budget was ill conceived B) the effectiveness of the manager is not in question C) the manager is very efficient D) there is no need for a flexible budget E) none of these
On January 1, Year 2, Kincaid Company's Accounts Receivable and the Allowance for Doubtful Accounts carried balances of $69,000 and $2500, respectively. During Year 2, Kincaid reported $180,000 of credit sales, wrote off $1600 of receivables as uncollectible, and collected cash from receivables amounting to $210,100. Kincaid estimates that it will be unable to collect one percent (1%) of credit sales.What effect will the entry to recognize the uncollectible accounts expense for Year 2 have on the elements of the financial statements?
A. Decrease total assets and increase retained earnings. B. Decrease total assets and net income. C. Increase total assets and decrease net income. D. Increase total assets and retained earnings.