Eight individuals are candidates for positions of president, vice president, and treasurer of an organization. How many possibilities of selections exist?
What will be an ideal response?
336
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Which of the following accounts is not affected by cash disbursement transactions?
A. Cash. B. Accounts payable. C. Purchase returns. D. Purchase discounts.
________ are personal and nonpersonal statements about a service made by an organization to customers.
A. Implicit service promises B. Marketing testimonials C. Word-of-mouth communications D. Past experience influencers E. Explicit service promises
A manufacturing company applies overhead using direct labor cost. The company's Work in Process Inventory account has a $15,000 debit balance after all posting is completed, and the cost sheet of the one job still in process shows direct material costs of $6,600 and direct labor costs of $3,000. What is the company's predetermined overhead rate?
What will be an ideal response?
In the context of the marketing mix, _____ is often the most flexible of the four Ps—the quickest element to change.
a. promotion b. price c. product d. place