Answer the following statements true (T) or false (F)
1. Depreciation is a process of valuation of an asset.
2. Depreciation is based upon cost, useful life and salvage value.
3. The choice of depreciation method depends on the cost of the asset and its' expected useful life.
4. A company should choose a depreciation method that most closely matches the cost of the asset against the future revenues it generates.
5. Expenditures incurred, such as replacing the tires on a company car, would be considered ordinary repairs.
1. FALSE
2. TRUE
3. FALSE
4. TRUE
5. TRUE
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Primary research involves searching the library for literature about the competition
Indicate whether the statement is true or false
Which of the following will help an organization maintain consistent business operations?
A. A new office policy states that all managers can implement their own policies for purchasing supplies and materials. B. Marketing decides to save customer's email addresses in the marketing system, even though other organizational systems do not have this capability. C. Marketing, sales, and accounting departments decide to use the same vendor for a new system. D. Sales decides to implement a new system without considering other departments.
Define internal marketing and its role in the company. Outline how various departments within the company can demonstrate a customer focus
What will be an ideal response?
Vendor selection criteria include functionality, architectural fit, price, services, and support.
Answer the following statement true (T) or false (F)