Moderate-risk items that have been purchased before but not on a regular basis involve which decision process?

a. impulse purchasing
b. extended decision making
c. limited decision making
d. routine decision making


c

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At December 31, 2016, the accounting records of Tasty Foods Corporation contain the following: Accounts payable $16,000 Accounts receivable $40,000 Land $240,000 Cash ? Capital stock ? Equipment $120,000 Building $180,000 Notes payable $190,000 Retained earnings $160,000 If Cash is $26,000, what is the December 31, 2016 capital stock balance?

a. $272,000 b. $240,000 c. $220,000 d. $400,000

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Which of the following is an ineffective practice in formatting a résumé?

A. Stapling the application letter and résumé together B. Using headings with bold or capital letters C. Listing your education in reverse chronological order D. Including a career objective at the beginning

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Interest payments are tax deductible on

A) only student loans. B) all consumer loans. C) student loans and home equity loans. D) only home equity loans.

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Which of the following statements about the legal environment in the United States is true?

A. Businesses managers are not subject to civil laws. B. Many laws try to limit competition among firms. C. Consumer protection laws were introduced in the United States after 1940. D. Individual managers are subject to criminal penalties. E. The Food and Drug Administration (FDA) has no right to seize any product even if it violates the regulations.

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