Which of the following lists includes only psychological variables that affect consumer buying?
A. attitudes, personality, learning, culture
B. motivation, learning, perception, attitudes
C. culture, learning, perception, attitudes
D. perception, personality, learning, culture
E. culture, personality, perception, attitudes
Answer: B
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Which of the following journal entries would probably be made if the modified cash basis of accounting for warranties is in use for a sale made in 2016?
A) ?2016Warranty Expense XXEstimated Liability under Warranties XX B) ?2017Estimated Liability under Warranties XXCash XX C) ?2016Cash XXSales XXUnearned Warranty Revenue XX D) ?2017Warranty Expense XXCash XX
Total quality management involves all employees, regardless of their function, in continuous quality improvement efforts.
Answer the following statement true (T) or false (F)
In January, Fanning Corporation entered into a contract to acquire a new machine for its factory. The machine, which had a cash price of $400,000, was paid for as follows: Down payment .......................................... $ 30,000 Note payable in 1 . equal monthly installments ......... 240,000 1,000 shares of Hunter common stock with an agreed value of $50 per share
.............................. 50,000 Total ................................................. $320,000 Prior to the machine's use, installation costs of $10,000 were incurred. The machine has an estimated useful life of ten years and an estimated salvage value of $10,000 . What should Hunter record as depreciation expense for the first year under the straight-line method? a. $38,100 b. $39,100 c. $40,000 d. $41,000
In the VALS framework, each consumer segment exhibits unique media preferences. Which segment would be the most likely to visit Facebook?
A. Experiencers B. Believers C. Makers D. Survivors E. Thinkers