When a bookstore starts to sell videos, music, and coffee as well, it uses which of the following elements of the SCAMPER tool?
A. Eliminate
B. Combine
C. Substitute
D. Rearrange
Answer: B
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Relatives and friends whom the consumer trusts are known as ________ sources of external information.
A. public B. personal C. marketer-dominated D. stakeholder E. relational
Using the information given below, prepare an income statement and statement of retained earnings for Rapid Car Services from the adjusted trial balance. Rapid Car ServicesAdjusted Trial BalanceFor the year ended December 31Cash …………………………………………….$33,000?Accounts receivable …………………………….14,200?Office supplies ………………………………….1,700?Vehicles ………………………………………..100,000?Accumulated depreciation - Vehicles …………?45,000Accounts payable ………………………………?11,500Common stock …………………………..?20,000Retained earnings …………………………..?51,900Dividends …………………...40,000?Fees earned
……………………………………..?155,000Rent expense …………………………………...13,000?Office supplies expense ………………………...2,000?Utilities expense ………………………………..2,500?Depreciation Expense - Vehicles……………..15,000?Salary expense ………………………………….50,000?Fuel expense ……………………………………Totals…………………………………… 12,000 $283,400________$283,400 What will be an ideal response?
In the S-E-M-D-R and S-M-R models, the S and M, respectively, stand for ________ and ________
A) sender; mode B) source; medium C) source; message D) sender; message
Which of the following is not a true statement?
a. Consolidated reporting emerged in the early 1900s in response to the growth of holding companies. b. Consolidation reporting presumes that the accounting fiction of a group entity is more meaningful than defining the reporting entity in legal terms. c. There are moves afoot to curtail consolidated reporting. d. The relevant circumstance in the reporting of intercorporate equity investments centers on the notion of investor control, but, in practice, the magnitude of ownership has been the guiding criterion.