What sets the ceiling for product prices?

A) product manufacturing costs
B) sellers' perceptions of the product's value
C) customer perceptions of the product's value
D) variable costs
E) break-even volume


C

Business

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Which of the following is NOT one of the suggestions for decision making recommended by management consultant Odette Pollar?   

A. Decide in a timely fashion. B. Don't agonize over minor decisions. C. Separate outcome from process. D. Never stop gathering facts. E. When overwhelmed, narrow your choices.

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Data cleansing is a step performed by external auditors to identify and repairing invalid data prior to the audit

Indicate whether the statement is true or false

Business

Liabilities that might arise from which of the following probably would be disclosed only in the notes to the financial statements?

a. Possible warranty claims b. Guarantees of the debt of other companies c. Possible bankruptcy of an important customer d. Estimated income taxes for the current year

Business

The more formal "business attire" look of corporate dress of the 1980s and 1990s gave way to the "business casual" look of the 2000s. This is an example of a ________

A) style B) fashion C) fad D) subculture E) norm

Business