All of the following are marketer-dominated sources of information except
A. salespeople.
B. advertising.
C. packaging.
D. friends.
E. displays.
Answer: D
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Groot Promotional Services uses a job order system for costing and billing promotional services for dance and ballet performances. Groot has four public relations specialists plus an office staff. At the beginning of the year, Groot estimated the total cost of salaries and benefits for the public relations specialists at $675,000 and a total of 7500 billable hours for the year. All remaining office and administrative costs were estimated at $405,000. The allocation base for office and administrative costs is billable hours. In June, Groot signed a contract for a Russian ballet performance. It estimated the new contract would require 34 hours of specialist time. What is the total cost estimate for this contract?
A) $1836 B) $4896 C) $3060 D) $1224
Use the information below to determine the sales revenue, cost of goods sold and gross profit that would be reported for the company related to the March 16 sale assuming the company uses LIFO inventory valuation and a perpetual inventory system.January 1:Purchased 100 units at $10 per unit.February 5:Purchased 60 units at $12 per unit.March 16:Sold 40 units for $16 per unit.
What will be an ideal response?
Which of the following meeting styles is a military-style meeting in which team members report to you, answer your questions, and make recommendations?
a. The "Congressional" system b. The "House of Commons" system c. The "Prime Minister" system d. The business conference e. The staff conference
The payback method provides management with valuable information about the time period in which the cash invested will be recouped
Indicate whether the statement is true or false