With CDP, the backup site already has the proper equipment, and data and recovery is instantaneous

Indicate whether the statement is true or false.


Answer: TRUE

Business

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A ________ is a marketplace offering that fairly and accurately sums up the value that will be realized if the good or service is purchased

A) product position B) market segment C) mass market D) value proposition E) target market

Business

Gideon Company uses the allowance method of accounting for uncollectible accounts. On May 3, the Gideon Company wrote off the $2,000 uncollectible account of its customer, A. Hopkins. The entry or entries Gideon makes to record the write off of the account on May 3 is:

A.

Allowance for Doubtful Accounts2,000 
Accounts Receivable-A. Hopkins 2,000

B.
Accounts Receivable-A. Hopkins2,000 
Bad debts expense 2,000
Cash2,000 
Accounts Receivable-A. Hopkins 2,000

C.
Accounts Receivable-A. Hopkins2,000 
Allowance for Doubtful Accounts 2,000

D.
Allowance for Doubtful Accounts2,000 
Bad debts expense 2,000

E.
Cash2,000 
Accounts Receivable-A. Hopkins 2,000

Business

Under this arrangement, ________ is obligated to pay rent to Chad

A) Donald B) Dave C) Pam D) Chris

Business

Sales ________ follows changes in sales during and after promotional programs to see how the marketing efforts affected the sales of the product.

Fill in the blank(s) with the appropriate word(s).

Business