A__________is the general level at which a company expects to sell a good or service

Fill in the blanks with correct word.


ANSWER: base price

A base price is the general level at which a company expects to sell a good or service. The general price level is correlated with the pricing policy to be followed, such as price skimming, status quo pricing, or penetration pricing.

Business

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After working at Caramel Industries for 10 years, Blair has decided to return to college to earn a master of science in management degree, which is something she’s felt she was meant to do for some time now. For Blair, which element of the hierarchy of needs explains her decision?

a. esteem b. social c. self-actualization d. safety

Business

A cash refund paid to a customer who overpaid an account receivable is recorded in the cash payments journal

Indicate whether the statement is true or false

Business

Sparrow Corporation The items listed below were identified while preparing a bank reconciliation for the checking account of Sparrow Corporation as of March 31, 2012. Sparrow's balance according to the general ledger ? Bank statement balance $18,500 Outstanding checks 2,700 A customer's NSF check returned by the bank 350 Bank service charges 100 Deposits in transit 1,000 Interest earned on the

checking account 60 Refer to the information presented for Sparrow Corporation. How will the deposits in transit be handled within a bank reconciliation? A) Add to the balance from the company records B) Subtract from the balance from the company records C) Add to the bank statement balance D) Subtract from the bank statement balance

Business

The members of Generation X are also referred to as Digital Natives.

Answer the following statement true (T) or false (F)

Business