_____ holds that delivering unmatched value to customers is the only way to achieve long-term profitability for an organization.
a. The marketing concept
b. People marketing
c. Idea marketing
d. The product strategy
Answer: a. The marketing concept
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Current liabilities represent obligations a firm expects to pay within one year
Indicate whether the statement is true or false
Austin's Pub Supply uses the periodic inventory system and the gross method of accounting for sales. The company had the following sales transactions during August: August 2Sold merchandise to Jo's Pub and Grub on credit for $3,750, terms 2/15, n/60. The items sold had a cost of $1,200. August 4 Jo's Pub and Grub returned merchandise that had a selling price of $300. The cost of the merchandise returned was $110.August 13Jo's Pub and Grub paid for the merchandise sold on August 2, taking any appropriate discount earned.Prepare the journal entries that Austin's Pub Supply must make to record these transactions.
What will be an ideal response?
Which one of the following accounts below would likely be included in a deferral adjusting entry?
A) Interest Revenue B) Unearned Revenue C) Salaries Payable D) Accounts Receivable
Grievance arbitration, while effective in applying accepted standards of justice to the workplace, is sometimes criticized. Describe these criticisms.
What will be an ideal response?