Which of the four new Ps encompasses the old four Ps as well as a range of other marketing activities that might not fit well into the old view of marketing?
A) programs
B) processes
C) promotion
D) people
E) performance
A
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A pension plan that promises employees a fixed annual pension benefit, based on years of service andcompensation, is called a(n)
a. defined contribution plan b. defined benefit plan c. unfunded plan d. compensation plan
Which of the following are prospective financial statements upon which an accountant may appropriately report for general use?
A. Partial presentations. B. Pro forma financial statements. C. Financial projections. D. Financial forecasts.
Because customers are often involved in service production, a distinction needs to be drawn between the process of service delivery and the actual output of the service
Indicate whether the statement is true or false
Brumfield, Inc issued 7,000 shares of $1 par common stock for $20 per share. In addition to the increase in cash, what effect does this transaction have on Brumfield's accounting equation?
A) Common stock increases $7,000 and retained earnings increases $133,000. B) Common stock increases $7,000 and additional paid-in capital in excess of par increases $133,000. C) Common stock increases $140,000. D) Retained earnings increases $7,000 and additional paid-in capital in excess of par increases $133,000.