Which of following is not a reason for a company to make a strategic long-term investment?
a. expansion
b. downsizing
c. reduction of costs
d. integration
b
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When a company sorts prospects into those with the lowest, medium, and highest profit potential, the segmentation approach being used is:
A) industry B) size C) usage D) customer value
Within the context of preparing formal reports and proposals, the term limitations refers to
A) the boundaries of your proposal, what you can and can't do. B) excuses for inadequate research or a poorly written report. C) factors beyond your control that have affected the report's outcome. D) the risks and rewards of a specific course of action. E) the costs and benefits of a specific course of action.
The amount of expired insurance on factory equipment is adjusted by
a. debiting Equipment Insurance Expense and crediting Prepaid Insurance; b. debiting Factory Overhead and crediting Prepaid Insurance; c. debiting Prepaid Insurance and crediting Equipment Insurance Expense; d. debiting Prepaid Insurance and crediting Accounts Payable; e. debiting Cost of Goods Sold and crediting Prepaid Insurance
Trading securities are valued on the balance sheet at
a. lower of cost or market. b. cost. c. market value. d. cost, adjusted for the effects of interest.