A data model for a database is often depicted using entity-relationship diagrams.

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


True

Business

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Contribution margin is calculated by deducting variable costs from sales

Indicate whether the statement is true or false

Business

The marketing mix includes production, price, promotion, and packaging; this is known as the four Ps of marketing

Indicate whether the statement is true or false

Business

In an issue-driven multi-stakeholder dialogue, how does the second agreement phase differ from the first agreement phase?

a. Solutions are introduced. b. Consensus is reached on what the problem is. c. The manager now speaks, and the stakeholders remain silent. d. Stakeholders become more engaged in the process.

Business

In estimating the amount of uncollectible accounts the accountant (1) estimates the amount of outstanding accounts receivable that the firm does not expect to collect and (2) adjusts the balance in the Allowance for Uncollectible Accounts so that, after the entry to recognize estimated uncollectibles, the balance in the account will equal the amount that the firm does not expect to collect. The

name of this procedure is/are: a. the percentage-of-sales. b. aging-of-accounts-receivable. c. direct write-off. d. tax accounting. e. indirect write-off.

Business