The most popular method of setting an advertising budget that depends on a manager's experience and intuition is the ________ method.

A. units of sales
B. percentage of sales or profits
C. executive decision
D. objective


Answer: C

Business

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Under a defined contribution pension plan,

a. the pension expense account must be determined by actuarial calculations. b. the employer guarantees the employee certain benefits upon retirement. c. accounting for annual pension expense is simple. d. the annual contribution is based on estimated future benefits.

Business

According to the new dominant logic for marketing, ________ is the central, or core, deliverable in every exchange

A) value B) prestige C) service D) the product E) a relationship

Business

What is the deduction for organizational expenses if Green chooses to deduct its costs as soon as possible?

Green Corporation is incorporated on March 1 and begins business on June 1. Green's first tax year ends on October 31, i.e., a short year. Green incurs the following expenses during the year:



A) $36,000
B) $5,028
C) $667
D) $500

Business

The primary purposes of a ____ are to inform, to identify problems, and to identify action items

a. project status review meeting b. problem-solving meeting c. design review meeting d. post-project evaluation meeting

Business