The idea that a business will continue to operate instead of being closed or sold underlies the going-concern assumption.

Answer the following statement true (T) or false (F)


True

Business

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All of the following are examples of words that are often considered confusing to respondents EXCEPT:

A) usually. B) normally. C) frequently. D) definitely. E) sometimes.

Business

An unfortunate by-product of working from home is that Victoria's work can blend into her personal space and time. In order to minimize stress, she should most likely:

A) maintain a sales call report to ensure long-term job satisfaction B) ignore minor and major problems to avoid being overwhelmed C) hold a realistic outlook about task management duties D) consider working fewer hours or accept a demotion E) establish strict working hours in a home office

Business

The term ____________ has been widely used to describe repeated transactions that form a relationship between the buyer and the supplier

a. relational services b. relationship renewal c. relationship justification d. relationship management e. relationship marketing

Business

Centralization means that

A. All the activities for which a manager is responsible are performed in the same building. B. A manager may delegate many activities to a lower-level subordinate. C. Similar activities found throughout an organization are placed under the jurisdiction of one individual. D. Several individuals located throughout the organization may have jurisdiction over similar activities.

Business