What is native advertising?
A. Refers to the wisdom of the crowd.
B. Buyers post feedback on sellers.
C. An online marketing concept in which the advertiser attempts to gain attention by providing content in the context of the user's experience in terms of its content, format, style, or placement.
D. Created and updated by many users for many users.
Answer: C
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Norwood, Inc purchased a crane at a cost of $80,000 . The crane has an estimated residual value of $5,000 and an estimated life of 8 years, or 12,500 hours of operation. The crane was purchased on January 1, 2016 and was used 2,700 hours in 2016 and 2,600 hours in 2017. Refer to the information for Norwood, Inc, Based on this information, what method of depreciation will produce the maximum
depreciation expense in 2017? a. Straight-line b. Double-declining-balance c. Units-of-production d. All methods produce the same expense in 2017.
The three phases of setting up an accounting system are, in order
A) design, implementation, analysis B) analysis, design, implementation C) design, analysis, implementation D) implementation, design, analysis
A corporation issues for cash $1,000,000 of 10%, 20-year bonds, interest payable annually, at a time when the market rate of interest is 12%. The straight-line method is adopted for the amortization of bond discount or premium. Which of the following statements is true?
A) The amount of the annual interest expense is computed at 10% of the bond carrying amount at the beginning of the year. B) The amount of the annual interest expense gradually decreases over the life of the bonds. C) The amount of unamortized discount decreases from its balance at issuance date to a zero balance at maturity. D) The amount of unamortized premium decreases from its balance at issuance date to a zero balance at maturity.
If a seller requires an intermediary to purchase a supplementary product to qualify to purchase the primary product the intermediary wishes to buy, it results in ________.
A. a tying contract B. channel disintermediation C. exclusive dealing D. vertical integration E. exclusive territory