When a monthly mortgage payment is made and recorded, the debit to Mortgage Payable represents the reduction in the principal balance

Indicate whether the statement is true or false


T

Business

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Folks Southern Kitchen advertises in the local newspaper a special $7.99 lunch special at any of its outlets during March. What type of promotion is being used?

A) coupon B) sampling C) premium D) price-off

Business

Which statement identities the best strategy for dealing with customer complaints?

A. You cannot fix what you do not know is broken. Ask for customer input and act upon it. B. Browse company blogs and websites and remove any negative posting or customer complaints. C. Organizations should always hesitate to ask for feedback because it will likely not be good. D. Customers who have complained are likely lost to your organization, so cut your losses and ignore them.

Business

Which of the following is NOT part of the definition of what is needed for work group effectiveness?

A. The output of the group must meet the quantity, quality, and timeliness standards of the organization. B. The processes employed by the group should enhance the ability of the group members to work together. C. The group experience should contribute to the growth and personal well-being of the group members. D. The group’s work must expand beyond the boundaries of the organization.

Business

Which term's definition also defines a candidate key?

A. functional key B. repeating group C. primary key D. nonkey column

Business