Which of the following price adjustment strategies offers a price reduction to buyers who pay their bills promptly?
A) cash discount
B) season discount
C) quantity discount
D) trade discount
E) functional discount
A
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Karen has redesigned the jobs of her employees so that they are more challenging to the employee and have less repetitive work. Karen has done which of the following?
A. job rotation B. job enrichment C. horizontal loading D. vertical loading
You should conclude a bad-news letter with a/an
A) Formal apology. B) Authoritative statement. C) Upbeat tone. D) More details.
Which of the following is NOT a reason the marketing program should build customer equity?
A. Expected profits depend on customer equity. B. Profit growth comes from customers. C. Customers are the source of revenue. D. Marketing strategies do not contribute to customer equity. E. Firms expect financial returns.
Answer the following statements true (T) or false (F)
1. According to the concept of materiality, all supplies must be treated as an asset and be adjusted for at the end of the accounting period. 2. In order to ensure accuracy of account totals, an adjusted trial balance is prepared prior to preparation of financial statements. 3. The adjusted trial balance is the basis for the preparation of the Balance Sheet only. 4. The balance of Retained Earnings on the adjusted trial balance does not represent the final Retained Earnings balance on the Balance Sheet. 5. Net income or net loss can be determined by the adjusted trial balance figures.