Interactive agencies
A. purchase media time and space in bulk.
B. facilitate refunds and rebate offers.
C. design Web pages and ads for the Internet.
D. use customer relationship marketing to work with customers.
E. create ads for nontraditional media like shopping carts.
Answer: C
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A company receives $95 for merchandise sold to a consumer of which $5 is for sales tax. The $5 of sales tax:
A. increases current liabilities. B. is not recorded until it is forwarded to the state government. C. increases sales revenue. D. increases selling expenses.
Which of the following statements is true?
a. The problems of the FASB stem from its limited use of due process. b. The FASB has not been as successful as its predecessors were. c. Many studies have found that large accounting firms tend to dominate policy at the FASB. d. With the implementation of the FASB, the capture theory argument lost much of its validity.
If fixed costs are $500,000, the unit selling price is $55, and the unit variable costs are $30, what is the break-even sales (units) if fixed costs are increased by $80,000?
A) 10,545 units B) 19,333 units C) 23,200 units D) 25,000 units
Which of the following is not deemed a fair reason for dismissal under UK law:
a. lack of capability b. conduct c. retirement d. individual–organisation fit