A mother of six school-aged children buying two gallons of milk on the way home from work would most likely be making a(n) ________ buying decision.
A. unconscious
B. high-involvement
C. limited
D. extensive
E. routine
Answer: E
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Expenses that fall outside the regular operations of a business are ________.
A) generally a substantial part of net income B) recorded in the Retained Earnings account C) included under the other income and expenses section of the income statement D) not considered for the calculation of net income
Which one of the following statements is true of listening?
A. It does not play a significant role in quality customer service. B. Most people take the listening skill for granted. C. It is a passive physiological process of receiving sound waves and transmitting them to the brain, where they are analyzed. D. It is synonymous with hearing.
Bassell Enterprises has long-term assets of $800, current liabilities of $500, and long-term liabilities of $600. If the current ratio is 2.5, then current assets must be:
A) $2,000. B) $1,250. C) $ 625. D) $ 200.
Dr. Olson is a board-certified ophthalmologist who constructs some specially designed examining tables to use in looking at his patient's eyes. The tables are firmly attached to the floor of the space he rents for his office. If Dr. Olson decides to move his office, which of the following is correct?
a. The tables are fixtures that cannot be removed. b. The tables are trade fixtures. c. Dr. Olson may remove the tables if they can be removed without materially damaging the realty. d. The tables are trade fixture and that Dr. Olson may remove the tables if they can be removed without materially damaging the realty.