A responsibility center in which a manager is responsible only for sales is a(n)
A) cost center.
B) revenue center.
C) profit center.
D) investment center.
E) center not presented here.
B
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To determine cash payments for merchandise for the statement of cash flows using the direct method, a decreasein accounts payable is added to the cost of merchandise sold
a. True b. False Indicate whether the statement is true or false
Of the following, which is a potential disadvantage of using a simulated test market?
A) It is not as accurate as full scale test markets. B) The distribution network may or may not properly represent the firm's actual distribution system. C) It is often very time consuming and expensive. D) They allow competitors to acquire knowledge of the test. E) all of the above
Individuals who believe they are being pragmatic by following the status quo are likely to be ______.
a. managers b. leaders c. politicians d. contextualizers
The ________ for primary data is very involved and the ________ is high
A) collection purpose; collection time B) collection process; collection cost C) collection process; collection purpose D) collection cost; collection time