When merchandise is received, a purchase invoice indicating what has been received is prepared by the buyer
Indicate whether the statement is true or false
F
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Every transaction affects equal numbers of ledger accounts and is recorded by equal dollar amounts of debits and credits
a. True b. False Indicate whether the statement is true or false
Which of the following is true of electronic materials as a sales aid?
A. Its demand in sales process has declined in recent years. B. It is expensive and difficult to produce. C. It does not involve product demonstrations and competitive comparisons. D. It can be customized for specific buyers. E. It does not provide a realistic portrayal of a product or service.
Matthew is an American businessman working in India. He believes that women’s role in the workplace in India should be the same as it is in the United States. Matthew’s attitude is ______.
A. ethnocentric B. interdependence C. group bias D. postmaterialism
The economic system of the United States is called _____.
A. capitalism B. communism C. socialism D. mercantilism