Figure 18-2Consider Figure 18-2 above. C refers to which of the following website design elements?

A. content
B. commerce
C. customization
D. connection
E. context


Answer: A

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For the year ended December 31, a company has revenues of $330,000 and expenses of $202,500. The company paid $55,200 in dividends during the year. The balance in the Retained earnings account before closing is $94,000. Which of the following entries would be used to close the dividends account?

A. Debit Income Summary $55,200; credit Retained earnings $55,200. B. Debit Dividends $55,200; credit Retained earnings $55,200. C. Debit Retained earnings $55,200; credit Dividends $55,200. D. Debit Retained earnings $94,000; credit Income Summary $94,000. E. Debit Income Summary $94,000; credit Dividends $94,000.

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Zahra agreed to act as surety for a loan taken by her son, Rudo, from the Third National Bank. The terms of the loan provided that Rudo would pay the loan off in 12 monthly installments at 10 percent. If Rudo renegotiates the terms of the loan with the bank without Zahra's knowledge and is now obligated to pay the loan off in 12 monthly installments at 9 percent, which of the following statements is true?

A. Zahra must notify the bank in writing that she no longer wishes to act as surety in order to avoid liability under the new terms. B. Zahra is no longer obligated because her responsibilities as a surety cannot be changed without her consent. C. Renegotiation of the note by Rudo does not relieve Zahra of liability as surety because the new terms are more favorable than the original terms. D. Zahra must notify Rudo in writing that she no longer wishes to act as surety in order to avoid liability under the new terms.

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With ________ pricing, customers are allowed-even encouraged-to haggle about prices.

A. odd/even B. variable C. high/low D. captive E. psychological

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Facility location decisions have a long-term impact on a supply chain's performance because it is cost effective to shut down a facility or move it to a different location

Indicate whether the statement is true or false.

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