In a decentralized system, a(n) ________ is responsible for the total management of the brand, including planning, budgeting, sales, and profit performance.

A. media manager
B. brand manager
C. account executive
D. collateral services provider
E. sales manager


Answer: B

Business

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At the end of the day, the cash register's record shows $2,050, but the count of cash in the cash register is $2,058. The correct entry to record the cash sales is

A. Debit Cash $2,058; credit Sales $2,058. B. Debit Cash $2,050; debit Cash Over and Short $8; credit Sales $2,058. C. Debit Cash Over and Short $8, credit Sales $8. D. Debit Cash $2,050; credit Sales $2,050. E. Debit Cash $2,058; credit Cash Over and Short $8; credit Sales $2,050.

Business

Return on investment (ROI) is calculated as follows:

A) operating income/average operating assets B) average operating assets/operating income C) (beginning operating assets + ending operating assets)/2 D) sales/average operating assets E) operating income/sales

Business

According to ________, the accountant is liable to any reasonably foreseeable user of the statement the accountant prepares

A) the Ultramares Doctrine B) Section 552 of the Restatement (Second) of Torts C) the reasonably foreseeable user rule D) market share theory

Business

Effective capital structure decisions can lower the cost of capital, resulting in higher NPVs and more acceptable projects, thereby increasing the value of a firm

Indicate whether the statement is true or false

Business