Private-label brands benefit retailers but not customers.
Answer the following statement true (T) or false (F)
False
Private-label brands benefit both customers and retailers. The benefits to customers include having more choices and finding the same ingredients and quality as in national brands at a lower price or higher quality at a similar price to the national brands.
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The post-closing trial balance would not include which of the following accounts?
A) Unearned Legal Fees B) Accumulated Depreciation-Office Equipment C) Dividends D) Retained Earnings
Accounts payable are:
A. Always payable within 30 days. B. Estimated liabilities. C. Amounts owed to suppliers for products and/or services purchased on credit. D. Amounts received in advance from customers for future services. E. Not usually due on specific dates.
________ is a stipulation in an offer that says the acceptance must be by a specified means of communication
A) An option contract B) The mirror image rule C) Implied authorization D) Express authorization
Explain the difference between a procedural language and a nonprocedural language. Give at least one example of each type of language