If a company mistakenly counts more items during a physical inventory than actually exist, how will the error affect their bottom line?
A) No change to net income.
B) Net income will be overstated
C) Net income will be understated.
D) Only gross profit will be affected.
B
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When two independent companies cooperate to have both brands highlighted in a product it is known as corporate parent branding
Indicate whether the statement is true or false
Consumers are vulnerable when they are not aware that they are subject to a marketing campaign. This type of campaign is called:
A. undercover marketing. B. imminent marketing. C. network marketing. D. word-of-mouth marketing.
George, John, Paul, Ringo, and Brian are five friends from Iowa. George owes John $100, John owes Paul $200, Paul owes Ringo $300, and Ringo owes Brian $400. John and Paul find a check belonging to George
John names himself as the payee on the check, fills in $200 as the amount, and forges George's signature on it. He indorses the check to Paul and asks him to consider his debt repaid, while keeping the knowledge of the forgery to himself. Paul, in turn, indorses the check to Ringo and pays Ringo the remaining $100 in cash. Predictably, Ringo indorses the check to Brian, who presents the check to George's bank and receives payment. Who among the following can the bank recover the money from, once the forgery is detected? A) George B) Paul C) Brian D) Ringo
Which of the following statements about headings is least accurate?
A) Headings can help a reader separate major ideas from details. B) Headings are used only in reports. C) Headings are an effective tool for highlighting information and improving readability. D) Headings can assist the writer by encouraging the grouping of similar information.