Key implications of customer-generated reviews include the following, except:
A) too many negative reviews and low-star ratings will be harmful to a company
B) reviews stress the importance of consistent high-quality customer products and services
C) positive reviews will have a positive impact on sales
D) reviews provide information on how a company's product is being evaluated by customers and how the brand compares to competing brands
C
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A price-off program:
A) is effective for individuals that have a high degree of brand loyalty to a competing brand B) has little impact on sales C) usually boosts sales, but it can hurt profits D) decreases price sensitivity over time
When it is necessary to replenish the petty cash fund, the cashier prepares a statement of payments
Indicate whether the statement is true or false
Clint contests the amount of a bill he received from Car Care Specialists. Under the Restatement, settlement of the claim:
a. is not valid consideration. b. is not a legal detriment to Clint if his contentions were not made in good faith. c. is valid consideration if at the time of the settlement the claim was doubtful because of uncertainty as to the facts. d. does not involve a disputed debt unless Clint contests both the existence of the obligation and the amount of the bill.
When a business makes a cash payment, the Cash account is debited
Indicate whether the statement is true or false