Which of the following is true regarding capital?
A. In most firms, different possible opportunities compete for capital.
B. The marketing manager should leave all decisions about a marketing plan's budget to the firm's financial manager.
C. Marketing managers do not consider financial measures as screening criteria when evaluating opportunities.
D. Few firms have a separate financial manager who works with top management on major financial decisions.
E. None of these statements is true.
Answer: A
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Which of the following is not a primary objective of internal control as established by COSO?
A. Efficiency and effectiveness of operations. B. Reliable financial reporting. C. Effective purchasing systems. D. Compliance with laws and regulations.
________ are items that are used and not retained by a consumer
A) Services B) Demands C) Products D) Promotions E) Utilities
Explain in detail the importance of the Internet for implementing simultaneous product development
What will be an ideal response?
Absorption costing is required under GAAP.
Answer the following statement true (T) or false (F)