There is no real reason for a firm to use individual brands rather than a family brand-except to avoid confusion.

Answer the following statement true (T) or false (F)


False

A company uses individual brands when it's important for the products to each have a separate identity as when products vary in quality or type.

Business

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Each account in the chart of accounts has a separate record in the general ledger master file

Indicate whether the statement is true or false

Business

An Installment Accounts Receivable is classified as a non-current asset if the installment period is six months.

Answer the following statement true (T) or false (F)

Business

________ involves going to the area where activities take place and watching what is occurring.

A. Reinforcing success B. Setting standards C. Deviation analysis D. Defining performance E. Personal observation

Business

To be legally responsible for only the first $50 of unauthorized use, one must report an ATM card missing within two days after the loss or theft of the card

a. True b. False

Business