Funds raised from operating activities should be invested in assets that can be used to carry on business operations
a. True
b. False
Indicate whether the statement is true or false
False
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Which of the following conditions is not a requirement by the SEC for the recognition of revenue?
a. Delivery has occurred or services have been rendered. b. Collectability is reasonably certain. c. A written agreement has been signed. d. The seller's price to the buyer is fixed or determinable.
Answer the following statements true (T) or false (F)
1. The Seal of Geneva represents the Official Seal of the City of Geneva. 2. From the perspective of a consumer, quality refers to the value gained by buying a product or service at the lowest possible price. 3. Empathy is the price of a product relative to the service associated with it. 4. Service durability is one of the dimensions on which customers evaluate service quality. 5. Performance cost is a category of quality costs.
Which is most likely true regarding the differences between consumer and organizational buyers?
A) Consumer buyers focus on complex, technical specifications, while organizational buyers focus on brand reputation. B) Consumers purchase for household consumption, while organizational buyers purchase for personal consumption. C) Consumer decisions are usually made by individuals, while organizational decisions are frequently made by several people. D) Consumer purchases are based primarily on rational criteria, while organizational purchases are based primarily on emotional responses to products or promotions. E) Consumers mostly engage in a lengthy decision process, while organizational buyers make quick decisions.
Some state laws require that the finder of mislaid property must place an ad in a newspaper
Indicate whether the statement is true or false