When Conair adds an electrical component that automatically shuts off its curling irons when they have been left on for more than one hour, this improvement would best be classified as a(n)
A. product line extension.
B. quality modification.
C. aesthetic modification.
D. market extension.
E. functional modification.
Answer: E
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In the consumer sector, advertising tends to:
A) support other promotional tools such as personal selling, trade promotions, consumer promotions, direct marketing, and trade shows B) be the primary vehicle for communicating to customers C) be done in-house to prevent competitors from learning about the company's products and communication approach D) be used to support consumer promotions and personal selling efforts
Explain the formal requirements for negotiation of order paper and bearer paper.
What will be an ideal response?
On December 1, Milton Company borrowed $410,000, at 9% annual interest, from the Tennessee National Bank. Interest is paid when the loan matures one year from the issue date. What is the adjusting entry for accruing interest that Milton would need to make on December 31, the calendar year-end?
A. debit Interest Expense, $6150; credit Interest Payable, $6150. B. debit Interest Expense, $36,900; credit Interest Payable, $36,900. C. debit Interest Payable, $3075; credit Interest Expense, $3075. D. debit Interest Expense, $3075; credit Interest Payable, $3075. E. debit Interest Expense, $3075; credit Cash, $3075.
An example of converting a noun into a verb in relation to Twitter, would be
A) "I will Twitter you tonight." B) "I will send you a tweet tonight." C) "How often do you check your Twitter page?" D) "Twitter is used to send tweets."