Lynne took her earrings off at Marcia's beauty parlor and put them on the counter. She left the shop without remembering the earrings. Betty finds them and wants to keep them. Can she?
A) Yes, since she is a finder
B) Yes, she now is the true owner
C) No, since the earrings were personal property
D) No, Marcia would have first claim if the true owner is not discovered
D
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Which of the following audit tests would be regarded as a test of controls?
A. Tests comparing inventory pricing to vendors' invoices. B. Tests of the specific items making up the balance in a given general ledger account. C. Tests of the additions to property, plant, and equipment by physical inspections. D. Tests of the signatures on canceled checks to the board of directors' authorizations.
In the consumer decision-making process, searches for information fall into which two main categories?
A. internal and external B. extensive and limited C. wanted and unwanted D. lengthy and brief E. meaningful and trivial
Explain the Japanese saying "A nail standing out will be hammered down." Discuss how the Japanese feel about group-oriented behavior versus emphasis on the individual
What are the four elements of the promotion mix?
What will be an ideal response?