Explain the limitations for marketers offering e-commerce shopping
What will be an ideal response?
Limitations for marketers engaging in e-commerce retailing may include a lack of security and a customer's fear of fraud. The marketer must maintain the site to reap its full potential benefits. The marketer must also work to find innovative ways to address the consumers' need for "touch-and-feel" information before buying a product. Finally, marketers may have difficulties arranging for payment methods for consumers from developing countries that primarily use cash.
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Rewards given as part of a trade contest is also known as spiff money
Indicate whether the statement is true or false
Which of the following procedures is not appropriate for examining or reviewing pro forma financial information?
a. Obtaining less evidence in an examination engagement than in a review engagement. b. Obtaining an understanding of the underlying transaction or event. c. Discussing management's assumptions regarding the effects of the transaction or event. d. Evaluating whether pro forma adjustments are completely recorded.
Noelle uses blackmail to force Jeff to sign a contract for the sale of his home. This contract is ________.
A. unenforceable B. valid C. void D. voidable
Stormer Company reports the following amounts on its statement of cash flow: Net cash provided by operating activities was $39,000; net cash used in investing activities was $14,400 and net cash used in financing activities was $18,600. If the beginning cash balance is $7200, what is the ending cash balance?
A. $79,200. B. $64,800. C. $13,200. D. $6000. E. $42,000.