Threat of substitute products comes from
A. firms in other industries that produce products or services that satisfy the same customer need.
B. partners and affiliates.
C. foreign companies which can use cheap labour in their countries.
D. other companies in the same industry.
Answer: A
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The more similar our ______, the more similarly we tend to perceive things.
A. perceptual sets B. thoughts and actions C. life experiences D. schemata
A petty cash fund was established with a $200 balance. It currently has cash of $35 and petty cash tickets as follows: Office expense $130 and Entertainment Expense $45. Which of the following would be included in the journal entry to replenish the Petty Cash fund?
A) debit to Cash Short & Over for $25 B) credit to Cash Short & Over for $10 C) credit to Cash Short & Over for $25 D) debit to Cash Short & Over for $10
Which of the following statements is TRUE?
A) Both a stock dividend and a stock split increase the balance in the common stock account. B) Both a stock dividend and a stock split reduce retained earnings. C) Neither a stock dividend nor a stock split will result in net gains or losses. D) A stock split increases the par value per share of the stock.
A project’s standard deviation is ______.
a. the square of the project’s variance b. the mean of the project’s variance c. the square root of the project’s variance d. the mode of the project’s variance