The budgeted balance sheet is prepared primarily from data contained in the previously prepared components of the master budget.
Answer the following statement true (T) or false (F)
True
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Which of the following is an example of a decision that involves business ethics?
A. A retailer decides to start a customer loyalty program. B. A retailer decides to have its salespeople adopt a high-pressure sales approach when dealing with all customers. C. A retailer decides to close a location where sales have decreased. D. A retailer decides to use a celebrity in an advertising campaign. E. A retailer decides to manage its own distribution center.
The probability that a new advertising campaign will increase sales is assessed as being 0.80. The probability that the cost of developing the new ad campaign can be kept within the original budget allocation is 0.40. Assuming that the two events are independent, the probability that the cost is kept within budget or the campaign will increase sales is:
Answer the following statement(s) true (T) or false (F)
The need for corporate entrepreneurship has risen in response to one problem: rapid growth.
An automobile company decides to improve the quality of its products and bring more variety into its entire product line. The company has decided to adopt ________
A) focused cost leadership B) industry-wide differentiation C) industry-wide cost leadership D) focused differentiation