BENGAY aspirin, Cracker Jack cereal, Frito-Lay lemonade, and Fruit of the Loom laundry detergent are examples where consumers' ________ dictated that the extensions were inappropriate for the brand

A) brand knowledge
B) brand equity
C) brand stature
D) power grid
E) brand salience


A

Business

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Heightened risk of material misstatement causes the auditor to perform audit procedures closer to year end

a. True b. False Indicate whether the statement is true or false

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In an ABC classification system, an A item may have low ______.

A. value but high sales volume B. demand but high ordering cost C. quality but high holding cost D. quality but high ordering cost

Business

Personal branding involves ________

A) deciding what makes you unique and desirable in the job market B) coming up with a tagline that describes what you do and who you are C) preparing a professional-looking business card and an elevator speech D) all of these

Business

The Retained earnings account has a credit balance of $39,000 before closing entries are made. Total revenues for the period are $57,200, total expenses are $40,800, and dividends are $9800. What is the correct closing entry for the expense accounts?

A. Credit Expense accounts $40,800; debit Retained earnings $40,800. B. Debit Expense accounts $40,800; credit Income Summary $40,800. C. Debit Income Summary $40,800; credit Expense accounts $40,800. D. Debit Income Summary $40,800; credit Retained earnings $40,800. E. Debit Expense accounts $39,000; credit Retained earnings $39,000.

Business