Which statement about how advertising affects competition is true?
A. Most single advertisers are large enough to dominate the entire nation.
B. Advertising by large firms tends to have a limited effect on small firms.
C. Advertising is highly regulated so that it does not impede competition.
D. Intense competition tends to increase the number of businesses in an industry.
E. Non-advertised products are unable to compete with advertised, branded products.
Answer: B
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Which of the following items would be considered a cash equivalent if it was held at the balance sheet date?
a. U.S. Treasury bill purchased when there were 90 days until maturity. b. Commercial paper with a 6-month maturity which was purchased at the issue date. c. The common stock of a company traded on the New York Stock Exchange which was purchased 30 days before the balance sheet date. d. U.S. Treasury note which matures 2 years after it is issued and which was purchased 4 months before the balance sheet date.
What are private pension plans? Briefly explain the two types of private pension plans.
What will be an ideal response?
Which of the following is true regarding the disposition of materials and labor variances?
A) The variances for materials and labor are closed directly to Cost of Goods Sold regardless of materiality. B) If the materials price variance is material, it is prorated among Materials Inventory, Materials Usage Variance, Work in Process, and Finished Goods. C) The materials usage variance and the labor variances, if material, are prorated among Work in Process, Finished Goods, and Cost of Goods Sold. D) The materials usage variance and the labor variances are always prorated among Work in Process, Finished Goods, and Cost of Goods Sold. E) The materials usage variance and the labor variances are always closed to Cost of Goods Sold.
When you meet with an employee to give them negative feedback, lead with the difficult information.?
Indicate whether the statement is true or false