________, a stage in creative problem solving, involves engaging in subconscious mental activity in which the mind combines unrelated thoughts in pursuit of a solution.
A. Illumination
B. Incubation
C. Verification
D. Preparation
Answer: B
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Which of the following least reflects the purpose of a business rule in the conversion process?
A. Assuring that all products meet quality standards B. Segregating authorizing, issuing, and conversion work duties C. Limiting who can view and change records in the system D. Ensuring no production without a customer order
Which of the following is a component of a firm's microenvironment?
A) customer demographics B) economic recessions C) population shifts D) marketing intermediaries E) technological changes
A major disadvantage of advertising is that _____
a. a small audience is attracted b. retail control over message timing and content is low c. few alternative media are available d. the message is standardized and inflexible
Which of the following is not one of the four steps in accounting for production activity and assigning costs during a period under a process cost system?
A. Compute the equivalent units of production. B. Determine over or underapplied overhead. C. Determine the physical flow of units. D. Assign and reconcile costs. E. Compute the cost per equivalent unit of production.