A firm that must invest in a new information system in order to comply with federal legislation is investing to achieve which of the following business objectives?
A) Customer intimacy
B) Operational excellence
C) New products.
D) Improved decision making
E) Survival
E
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Providing extra amenities to differentiate and support high-priced products is referred to as ________ pricing
A) high-low B) value-added C) target return D) everyday low E) cost-plus
Which of the following is appropriate during improvisation:
a. I’m not sure and b. No and c. Maybe and d. Yes and
On March 12, Klein Company sold merchandise in the amount of $7,800 to Babson Company, with credit terms of 2/10, n/30. The cost of the items sold is $4,500. Klein uses the perpetual inventory system and the gross method of accounting for sales. Babson pays the invoice on March 17, and takes the appropriate discount. The journal entry that Klein makes on March 17 is:
A.
Cash | 7,644 | |
Sales discounts | 156 | |
Accounts receivable | 7,800 |
B.
Cash | 4,410 | |
Sales discounts | 90 | |
Accounts receivable | 4,500 |
C.
Cash | 4,500 | |
Accounts receivable | 4,500 |
D.
Cash | 7,800 | |
Accounts receivable | 7,800 |
E.
Cash | 7,644 | |
Accounts receivable | 7,644 |
When an attorney at law represents a new client, who is suing a former client, there is probably a _________
Fill in the blank(s) with correct word