If goods cost $1,000 and the terms of credit are 2/15, n45, the firm does not have to pay until the 45th day.?
Answer the following statement true (T) or false (F)
True
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In high-technology companies, there is an inordinate focus on the technology and product features rather than the customer and the benefits sought because:
A) products sell better with focus on technology than with focus on customers. B) high-technology companies are usually founded and run by engineers. C) these companies invest huge amounts in innovation and have the ability to create entire product classes. D) they believe that customers are not aware of the technological innovations that they are capable of.
Word, Excel, PowerPoint, and Outlook are productivity tools in the Microsoft Office _____.
A. prototype B. suite C. driver D. compilation
Sales managers use a ________ that shows which customers and prospects to pursue and which activities to carry out
A) call plan B) sales quota C) sales contest D) bonus plan E) straight commission
Which of the following items is reported only in current and future periods?
a. Prior period adjustment b. Change in accounting principle c. Change in estimate d. Effects of changing prices