Why does a diverse and inclusive workforce benefit a firm supporting a global market?
A. Cultural insensitivity helps to retain customers.
B. Understanding differences across markets restricts innovation.
C. A variety of language skills serves the global customer base well.
D. Both of these answers are correct: A variety of language skills serves the global customer base well; and understanding differences across markets restricts innovation.
Answer: C
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Which of the following is true about lead customers?
A) They are more price sensitive. B) They are benefit driven. C) They possess less market knowledge. D) They are more dependent on what others do or think than most people. E) They do not purchase products that the mainstream market does not buy.
A company using the periodic inventory system has the following account balances: Merchandise Inventory at the beginning of the year, $3,600; Freight-In, $650; Purchases, $10,700; Purchases Returns and Allowances, $1,950; Purchases Discounts, $330. The cost of merchandise purchased is equal to
A) $12,670 B) $9,070 C) $8,420 D) $17,230
Proprietary funds do not record capital assets, depreciation on those capital assets, and long-term debt.
Answer the following statement true (T) or false (F)
Interest is usually associated with
A. accounts receivable B. notes receivable C. doubtful accounts D. bad debts