Over 95 percent of retailers operate more than one store.

Answer the following statement true (T) or false (F)


False

People tend to think of the retailing in terms of very large organizations. But retail very much remains a "mom-and-pop"-type business. Almost nine out of 10 retail companies employ fewer than 20 employees; over 95 percent of retailers operate just one store.

Business

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The Financial Accounting Standards Board (FASB) began in 1973 after the AICPA phased out the Accounting Principles Board (APB)

Indicate whether the statement is true or false

Business

Contribution margin is calculated by deducting ________ from sales revenue.

A) total product costs B) total selling and administrative costs C) total fixed costs D) total variable costs

Business

A research proposal must be written in manuscript format

Indicate whether the statement is true or false

Business

Modifiers A) must be placed close to the words they describe or limit

B) are always used in active-voice sentences. C) should be avoided in business writing. D) are always used in passive-voice sentences.

Business