The primary reason for building a database, coding the information, and data mining is to use the output to build programs that will boost sales revenues
Indicate whether the statement is true or false
FALSE
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A "growing annuity" is a cash flow stream that grows at a constant rate for a specified number of periods.
Answer the following statement true (T) or false (F)
Which type of interview technique offers the advantages of cost, quality and speed?
A) telephone interview B) in-office interview C) mall-intercept interview D) in-home interview E) dual data collection
Fluegge Inc. has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on the basis of direct labor-hours.InputsStandard Quantity or Hours per Unit of OutputStandard Price or RateDirect materials 5.7 liters$5.40per literDirect labor 0.70hours$20.60per hourVariable manufacturing overhead 0.70hours$5.50per hourThe company has reported the following actual results for the product for December: Actual output 4,100unitsRaw materials purchased 25,100litersActual price of raw materials$4.80per literActual cost of raw materials purchased$120,480 Raw materials used in production 23,360litersActual direct labor-hours 2,700hoursActual direct labor rate$21.20per hourActual direct labor
cost$57,240 Actual variable overhead rate$5.90per hourActual variable overhead cost$15,930 The variable overhead rate variance for the month is closest to: A. $1,148 U B. $1,080 F C. $1,148 F D. $1,080 U
Which of the following is true regarding prospecting at trade shows?
A) It is difficult to identify good prospects at trade shows. B) It is easier to identify good prospects and close sales at a trade show. C) Trade shows are too crowded to conduct presentations and close sales. D) It requires over five sales calls to close a sale from a trade show prospect. E) Trade show prospects are less motivated to buy than are other prospects.