Accrual-basis net income is most useful for
a. determining the amount of income tax a company should pay.
b. predicting the short-term performance of an enterprise.
c. predicting the long-term performance of an enterprise.
d. determining the amount of dividends a company should pay.
C
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What are the five purposes of inventory?(1) ________(2) ________(3) ________(4) ________(5) ________.
What will be an ideal response?
Which of the following transactions is not part of direct marketing?
a. a consumer searching for a camera dealer via a Yellow Pages phone directory b. a consumer bidding on a camera accessory on eBay c. a consumer shopping for a camera accessory from a catalog d. a consumer purchasing a camera accessory at an airport retailer
An agency relationship can be created:
a. by the conduct of the parties. b. by an oral agreement in all circumstances. c. only by a written agreement. d. only by the meeting of all the standards of contract law.
To obtain the names of specific potential customers, the business marketer is well advised to employ the services of a commercial data company, since this is both cheaper and faster than any other method.
Answer the following statement true (T) or false (F)