Marketing research budgets in industrial companies are usually higher than that in consumer product companies
Indicate whether the statement is true or false
FALSE
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Martin Company has a cash ratio of 0.3. This implies that the company ________.
A) has an unnecessarily large amount of cash supply B) is not sending a strong message to investors and creditors that it has the ability to repay its short-term debt C) is not in a position to meet its long-term obligations D) has no liquidity issues
The communication stage of accounting is accomplished by
A) storing data. B) reporting to decision makers. C) processing data. D) recording data.
Managerial information is for external as well as internal stakeholders
Indicate whether the statement is true or false
Which of the following best illustrates a technology-driven standard set by direct regulation?
A) a regulation that requires air filters to be set on high instead of low in order to give out cleaner air B) a regulation that requires the contaminants in water to be at a particular level so that it is potable C) a regulation that requires air quality in a city to be at a level so that the number of asthma cases will continue to decrease D) a regulation that requires the smoke from a factory to be filtered so that it minimizes the chances of lung disease in children