________ refers to efforts to create designs and applications of technology to develop new products; ________ refers to efforts to improve the efficiency of organizational systems such as manufacturing and operations.
A. Radical innovation; incremental innovation
B. Product innovation; process innovation
C. Product innovation; service innovation
D. Breakthrough innovation; instrumental innovation
Answer: B
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Georgia deposits $4,000 every three months for five years. The first deposit is made on March 31, 2016, and the last deposit is made on December 31, 2020. The fund earns 16% and interest is compounded quarterly. How much money will Georgia have on December 31, 2020, immediately after her last deposit? Factors for future value of an annuity of $1 are
A) $123,876 B) $119,112 C) $110,034 D) $107,508
The percent-of-sales method would not result in very accurate financials if used for a tourism company.
Indicate whether the statement is true or false.
Avoid using ____________ to replace interpretive captions
a. technical data b. short titles c. foreign words d. humorous captions
You have just received notice that a customer of yours with an Account Receivable balance of $100 has gone bankrupt and will not make any future payments. Assuming you use the allowance method, the entry you make is to
A) debit Bad Debt Expense and credit Allowance for Doubtful Accounts. B) debit Bad Debt Expense and credit Accounts Receivable. C) debit Allowance for Doubtful Accounts and credit Accounts Receivable. D) debit Allowance for Doubtful Accounts and credit Bad Debt Expense.