What is an example of institutional collectivism?
a) Helping out your neighbor
b) Social welfare payments
c) Institutions working together
d) Individuals being assertive
b) Social welfare payments
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Which of the following is the formula to determine the return on investment for an advertisement?
A. (Advertising cost - Net sales)/Advertising cost B. (Net sales - Advertising cost)/Advertising cost C. (Net sales + Advertising cost)/Advertising cost D. Advertising cost/(Net sales + Advertising cost) E. Advertising cost/(Net sales - Advertising cost)
Juniper Company uses a perpetual inventory system and the gross method of accounting for purchases. The company purchased $9,750 of merchandise on August 7 with terms 1/10, n/30. On August 11, it returned $1,500 worth of merchandise. On August 26, it paid the full amount due. The correct journal entry to record the merchandise return on August 11 is:
A. Debit Accounts Payable $1,500; credit Cash $1,500. B. Debit Merchandise Inventory $1,500; credit Sales Returns $1,500. C. Debit Accounts Payable $1,500; credit Merchandise Inventory $1,500. D. Debit Merchandise Inventory $1,500; credit Cash $1,500. E. Debit Accounts Payable $1,500; credit Purchase Returns $1,500.
MANs tend to serve a larger geographical area than do LANs
Indicate whether the statement is true or false.
During the early stages of a project, tactics are more integral to success than strategy
Indicate whether the statement is true or false