Which of the following statements is true regarding repeat rates?
A) Repeat rates tend to increase.
B) A product can be successful without a high repeat rate.
C) A low repeat rate indicates lack of brand awareness.
D) For frequently purchased products, repeat rates are the key to success.
D
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During the body of the presentation, which of the following would best help keep your audience's attention?
A) Show the audience how their needs support the thesis of the presentation. B) Introduce new, difficult to understand subjects so the audience feels they are learning something new. C) Anticipate and answer questions before they are asked. D) Use visual aids sparingly to as not to create a distraction. E) Provide a handout with detailed information before the beginning of the presentation so the audience can take notes and highlight areas of concern.
Which of the following is not true?
a. Firms report accounts receivable they expect to collect within one year at the amount of cash the firms expect to receive. b. Both U.S. GAAP and IFRS require firms with significant uncollectible accounts receivable to estimate the amount of uncollectible accounts related to a particular period's sales and recognize that amount as bad debt expense in the same period as the related revenues. c. Firms typically use a contra account to accounts receivable, such as Allowance for Uncollectibles, to reflect the amount of accounts receivable they do not expect to collect. d. The entry to recognize estimated uncollectible amounts involves a debit to Bad Debt Expense and a credit to Allowance for Uncollectibles. e. The write-off of a particular customer's account that becomes uncollectible involves a debit to Accounts Receivable and a credit to Allowance for Uncollectibles .
Which of the following statements is most appropriate with respect to a 70% learning curve?
A) There will be a 70% decrease in direct labor per unit each time the production volume doubles. B) Each successive unit of production will take 70% of the direct labor of the previous unit. C) There will be a 30% decrease in direct labor per unit each time production volume doubles. D) Thirty percent of the production will be defective until full learning takes place. E) None of the above is true.
Under what conditions can decision trees be useful?
What will be an ideal response?