Using the information in Table J.1 and the SPT rule, what is the average past due?
A) 0 days
B) greater than 0 days but fewer than or equal to 5 days
C) greater than 5 days but fewer than or equal to 10 days
D) greater than 10 days
C
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Answer the following statements true (T) or false (F)
1. Petty cash is a fund containing a small amount of cash that is used to pay for minor expenditures. 2. A key to strong control over petty cash is to ensure that several persons serve as custodian at one time. 3. All petty cash fund payments should be supported with sequentially numbered petty cash tickets. 4. The journal entry to open a new petty cash fund includes a debit to the Petty Cash account and a credit to the Cash account.
Which of the following is the focus of push marketing at the decline stage of the product life
cycle? A) exhibition of product superiority over competitors' offerings B) payment of a minimal fee to retailers to include the product in their store C) product demonstration by company representatives at retailer stores D) familiarization of consumers with product functionality
Michelle Buck, CEO of the Hershey Company has hired you as a consultant to assess her diversified company's business units for cross-business competitive advantage potential. Your assessment would not normally involve ascertaining the extent to which Hershey's business units
A. have value chain match-ups that offer opportunities to transfer skills or technology or intellectual capital from one business to another. B. have value chain match-ups that offer opportunities to combine the performance of related value chain activities and reduce costs. C. have value chain match-ups that offer opportunities to create new competitive capabilities or to leverage existing resources. D. are making maximum use of the parent company's competitive advantages. E. present opportunities to share use of a well-respected brand name.
Which of the following is NOT a drawback to using models as a means to deductive analysis?
a. often oversimplifying a complex process b. highlighting attention to certain areas c. being dependent on a model d. potentially overlooking some aspects