One of the uses of marketing research is to identify market opportunities; however, the identification of problems is not a use of marketing research, but rather a use of the firm's internal auditing system

Indicate whether the statement is true or false


FALSE

Business

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The credit to the merchandise inventory account when making adjustments at the end of the accounting period will be the same amount as was debited at the end of the previous accounting period

a. True b. False Indicate whether the statement is true or false

Business

If 20 units of an item are purchased at $10.00 each and then 10 more units of the same item are purchased at $15.00 each and 15 more at $12.00 each, what is the weighted average cost per unit?

a. $17.18 b. $11.50 c. $12.00 d. $11.87 e. $11.78

Business

To find the optimal solution using the stepping stone method, first select a(n) ______ cell in the initial basic feasible solution to be evaluated.

A. occupied B. empty C. referenced D. variable

Business

Which of the following is true about the net present value (NPV) capital budgeting technique?

A. The NPV capital budgeting technique ignores the time value of money. B. When projects are evaluated using the NPV formula, it shows by how much a firm's future value will decrease if a capital budgeting project is purchased. C. The NPV calculation is based on the assumption that the rate at which cash flows can be reinvested is the project's internal rate of return. D. The NPV calculation fails to assume a realistic reinvestment rate assumption (the required rate of return), which is implicit in the internal rate of return calculation (IRR). E. If the net benefit computed on a present value basis-that is, NPV-is positive, then the asset (project) is considered an acceptable investment.

Business