The job of product or brand manager is often created when a firm wants to
A. eliminate the job of sales manager.
B. do away with product "champions."
C. handle many different kinds of products or brands.
D. eliminate the job of the research and development department.
E. None of these answers is correct.
Answer: C
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You are a new employee at the accounting firm Murray & Murray, CPAs. Before you are assigned to your first audit, your supervisor tests your knowledge and asks you to explain the term "scope" in the context of a financial statement audit.Required:A. Provide a definition of scope.B. Describe what influences an auditor's determination of scope.
What will be an ideal response?
Which of the following is an advantage of the corporate form of business?
A) less degree of government regulation B) limited liability of stockholders C) separation of ownership and management D) low start-up costs
Which of the following pairs of accounts could possibly appear in the same adjusting entry?
A) Interest Income and Interest Payable. B) Revenue from Services and Cash. C) Service Revenue and Unearned Revenue. D) Rent Expense and Depreciation Expense.
Which of the following is a technique for achieving coherence?
a. Repeat your main idea in each paragraph. b. Use more adjectives than adverbs. c. Use connecting words. d. Use passive voice.