Answer the following statements true (T) or false (F)
1. An excellent service strategy has three characteristics: quality, value, and service.
2. Generation Z is comprised of those born in the year 1997 or later.
3. The five key areas in which action plans should be established are Management, Sales, Capacity Utilization, Finance, and Marketing.
4. Good plans attempt to bring rationality and stability to the organization’s operations and efforts.
1. False
2. True
3. False
4. True
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After the Statement of Owner's Equity is prepared, which of the following is carried over to the Balance Sheet?
a. Net Income; b. Ending Drawing Balance; c. Ending Capital Balance; d. Total Assets; e. none of these
Start-up and organization costs include all of the following except
a. goodwill. b. cost of printing stock certificates. c. attorney's fees. d. state incorporation fees.
Reference groups are the anchor points that consumers use to evaluate their own beliefs and attitudes
Indicate whether the statement is true or false
Which of the following statements comparing traditional and activity-based costing (ABC) is true?
A) ABC systems eliminate cross subsidies. B) Traditional systems eliminate cross subsidies. C) ABC and traditional systems often produce similar product cost information. D) All of the above are true.