Which of the following statements is true of a competitive advantage based on product/service differentiation?
a. It is relatively longer lasting than cost competitive advantages.
b. It serves only a limited geographic market that is not crucial to other competitors.
c. It can be achieved by increasing production costs.
d. It is the only viable option for small companies with limited resources.
a. It is relatively longer lasting than cost competitive advantages.
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Which of the following is generally included in a sales budget?
A. Schedule of cash payments for inventory purchases B. Schedule of cash receipts for the projected sales C. Desired ending inventory D. Budgeted cost of goods sold
The heading for all financial statements contains the company's name, the report title, and the date on which the report was prepared
Indicate whether the statement is true or false
Which of the following was NOT listed as a step in making an enhanced pie chart with Excel?
A) Make the pie slices look much better. B) Format the plot area. C) Consider using a picture file to personalize your graph. D) Enhance the chart title, legend, and plot area. E) Avoid re-using the template since you will need to produce specific charts for specific objectives.
Small expenditures for what ordinarily are considered capital expenditures frequently are treated as revenue expenditures
Indicate whether the statement is true or false