Telemarketing and direct sales approach are part of sales promotion
Indicate whether the statement is true or false
FALSE
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Klapper Company claimed a tax deduction which was uncertain when it was deducted in 2018 but is relatively certain of receiving the deduction over a five-year period. Which of the following is not correct in accounting for the uncertain tax item?
A. The contingency reserve is reduced each year with the offset to the deferred tax account. B. As the company will ultimately get 100% of the deduction, no contingency reserve is required. C. A contingency reserve will be set up at the same amount as the deferred tax asset if the firm is certain it may claim 100% of the deduction over time. D. Income tax expense in the first year is the current portion of income tax expense minus the increase in the deferred tax asset.
A ________ design to measure the effectiveness of a test commercial for Sears would be implemented as follows. Respondents are recruited to central theater locations in different test cities
At the central location, respondents are first administered a personal interview to measure, among other things, attitudes toward the store (O1). Then they watch a TV program, the respondents are again administered a personal interview to measure attitudes towards the store (O2). The effectiveness of the test commercial is measured as O2 - O1. A) one-shot case study B) pretest-posttest control group C) static group D) one-group pretest-posttest
If the unit selling price is $40, the volume of sales is $3,000,000, sales at the break-even point amount to $2,500,000, and the maximum possible sales are $3,300,000, the margin of safety is 14,500 units
Indicate whether the statement is true or false
When a social system is in disequilibrium, its parts are working against one another.
Answer the following statement true (T) or false (F)