The focus group is an excellent method for initially screening ideas and concepts. 

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


True

Business

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The most important and pervasive set of protocols for telecommunications and networks today is called _____.

A. NFC B. WPA C. TCP/IP D. CDMA

Business

What journal entry format is appropriate if sales returns and allowances occur on factored accounts?

A. Sales Returns and Allowances     XX      Receivable from Factor                          XX B. Receivable from Factor               XX      Factoring Expense                                 XX C. Sales Returns and Allowances    XX      Factoring Expense                                 XX D. Factoring Expense                      XX       Sales Returns and Allowances              XX

Business

B & B Manufacturing produces a single product. Last year, the company produced 10,000 units out of which 9,500 were sold. There were no units in beginning inventory. The company had the following costs: Variable costs per unit: Production $6.00 Selling and administrative $2.00 Fixed costs (total): Production $15,000 Selling and administrative $10,000 Refer to the information provided for B & B

Manufacturing. What is the unit product cost using variable costing? A) $ 8.00 B) $ 6.00 C) $ 7.50 D) $10.50

Business

Neman, a single parent, quit his job and started a small independent business because he was unable to give adequate attention to his child. Being an entrepreneur gives him the freedom to give undivided attention to his child without jeopardizing his work. Which of the following advantages of entrepreneurship is highlighted in the given scenario?

A. Greater financial success B. Flexibility C. Greater challenge D. Survival

Business