The price strategy of a seller has a direct impact on ________ prices.
a. quoted
b. selling
c. None of the choices
d. market
e. buying
a
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Under the direct write-off method, if an accounts receivable is written off in one accounting period and is collected in the next period, which of the following is required when reinstating the account?
a. a credit to Accounts Receivable; b. a credit to Bad Debt Expense; c. a credit to Cash; d. credit to Uncollectible Accounts Recovered; e. none of these
If sales for 20x4 (the base year), 20x5, and 20x6 are $40,000, $31,200, and $49,200, respectively, the index numbers assigned to 20x5 and 20x6, respectively, are
A) 62.4 and 128. B) 156 and 118. C) 128.2 and 133. D) 78 and 123.
Marketing measurement has both process and structural implications for a business. Which of the following is a structural implication?
A) the need to assign staff to perform the necessary measurement tasks B) the need to understand how marketing information is generated C) the need to determine how employees are rewarded for using measurement data D) the need to determine how marketing information will be analyzed E) the need to determine how management will be rewarded for using measurement data
A statement that negates express and implied warranties is known as a ________
A) warranty disclaimer B) limited warranty C) warranty infringement D) warranty of no interference