There are no important differences between domestic and international capital budgeting methods

Indicate whether the statement is true or false.


Answer: FALSE

Business

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Focusing disproportionate effort on high-profit customers will lead to lower customer profitability for those customers

Indicate whether the statement is true or false

Business

Which of the following is a weak internal control over cash collections from receivables?

A) The credit department should have no access to cash. B) A credit department should evaluate customers' credit applications to determine whether they meet the company's approval standards. C) A company should have written approval standards for processing customers' credit applications. D) In order to avoid losing sales, all customers' credit applications should be approved.

Business

Which of the following is not a period expense?

a. salaries and commissions of the sales staff b. costs to produce catalogs c. marketing costs, such as advertising d. costs to produce sales literature e. direct labor

Business

Failing to meet a customer's expectation has the same impact as breaking a promise

Indicate whether the statement is true or false

Business