The ______________________________ specifies the degree of minimum participation of one entity in the relationship with the other entity.
Fill in the blank(s) with the appropriate word(s).
participation constraint
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A price-off program:
A) is effective for individuals that have a high degree of brand loyalty to a competing brand B) has little impact on sales C) usually boosts sales, but it can hurt profits D) decreases price sensitivity over time
What is a major organization associated with training and development functions?
A. REME B. ATD C. TRDV D. ALPH E. MBER
Havermill Co. establishes a $360 petty cash fund on September 1. On September 30, the fund is replenished. The accumulated receipts on that date represent $84 for Office Supplies, $159 for merchandise inventory, and $33 for miscellaneous expenses. The fund has a balance of $84. On October 1, the accountant determines that the fund should be increased by $72. The journal entry to record the establishment of the fund on September 1 is:
A. Debit Cash $360; credit Accounts Payable $360. B. Debit Cash $360; credit Petty Cash $360. C. Debit Petty Cash $360; credit Cash $360. D. Debit Petty Cash $360; credit Accounts Payable $360. E. Debit Miscellaneous Expense $360; credit Cash $360.
The Dodd-Frank Act of 2010:
a. requires that lenders ensure borrowers will repay their mortgage loans. b. prohibits unfair and deceptive lending practices, although subprime mortgages are excluded from the scope of the Act. c. expands protection for borrowers of high-cost mortgage loans. d. requires that lenders disclose the minimum amount a consumer could pay on a variable rate mortgage.