Drawbacks of the postponement strategy include ______.
A. higher costs associated with customizing products and the need to have universal parts in inventory
B. applicable to all business scenarios
C. reduced inventory
D. prompt customer service
A. higher costs associated with customizing products and the need to have universal parts in inventory
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Which pair of accounts has the same set of rules for debit and credit entries?
a. Service Revenue and Rent Expense b. Dividends and Retained Earnings c. Equipment and Salaries Expense d. Accounts Receivable and Accounts Payable
Why is it best to pay expenses for your business with a check, not with cash?
A. A check can't be traced. B. Cash is easier to lose. C. A check provides written proof of payment. D. Paying with a check keeps check printing companies and banks in business.
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What will be an ideal response?
Category killers compete primarily on the basis of
A. enormous product selection and sales expertise. B. low prices and enormous product availability. C. convenient locations and customer services. D. rock-bottom prices and moderate selections. E. one-stop shopping and product availability.