Ainsworth is a toy manufacturer based in Australia. Which of the following most likely indicates that Ainsworth is following a diversification strategy?
A) Ainsworth increases its spending on advertising and promotion.
B) Ainsworth acquires the rights to manufacture toys resembling a popular cartoon character.
C) Ainsworth introduces its toys in the Indian and South-East Asian markets.
D) Ainsworth enters the U.S. market with a line of children's clothing.
E) Ainsworth develops a new line of educational toys targeting its current market.
D
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On April 1, a hardware retailer purchases inventory on account for $1,800. Which of the following correctly describes the effect of this transaction? Assume a perpetual inventory system is used.
A) Merchandise Inventory decreases by $1,800 and Accounts Receivable decreases by $1,800. B) Merchandise Inventory decreases by $1,800 and Accounts Receivable increases by $1,800. C) Merchandise Inventory increases by $1,800 and Accounts Payable decreases by $1,800. D) Merchandise Inventory increases by $1,800 and Accounts Payable increases by $1,800.
A group of related accounts that comprise a complete unit is called a
A) journal B) liability C) ledger D) transaction
Agencies do not need to worry about complying with the U.S. Constitution's due process class; they only need to worry about following the Administrative Procedures Act
Indicate whether the statement is true or false
An extension of equity theory is the idea that some individuals are more equity sensitive than others. ______ are more tolerant of situations in which they are underrewarded.
A. Entitleds B. Benevolents C. Egalitarians D. Equity sensitives