Since sales dollars represents "ability to pay," it is superior to most other bases used for allocating or charging service department costs.

Answer the following statement true (T) or false (F)


False

Business

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Marketing that involves creating the same marketing mix for a broad mass market of potential buyers is referred to as:

A) differentiated target marketing. B) standardized global marketing. C) concentrated global marketing. D) competitive global marketing. E) target benefit marketing.

Business

Answer the following statement(s) true (T) or false (F)

A managerial successor provides the critical ideas for new-product development and future ventures.

Business

Sarah purchased 700 shares of Detroit Motors stock at a price of $45 a share. The initial margin requirement is 70 percent and the maintenance margin is 30 percent. The effective interest rate on the margin loan is 6.5 percent. How much margin interest will she pay if she repays the loan in five months?

A. $187.29 B. $251.25 C. $230.42 D. $217.29 E. $204.12

Business

The accounting process of transferring data from the journal to the ledger is called ________.

A) journalizing B) posting C) compounding D) sourcing

Business