If an income account has a favorable variance, then actual family income is less than budgeted family income
Indicate whether the statement is true or false.
FALSE
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Compare and contrast skim pricing strategy and penetration pricing strategy
What will be an ideal response?
Which of the following shareholder rights is most commonly enhanced in an issue of preferred stock?
a. The right to vote for the board of directors b. The right to maintain one's proportional interest in the corporation c. The right to receive a full cash dividend before dividends are paid to other classes of stock d. The right to vote on major corporate issues
In rate of return on investment analysis, the investment turnover component focuses on efficiency in the use of assets and indicates the rate at which sales are being generated for each dollar of invested assets
Indicate whether the statement is true or false
Which of the following is NOT a recommended practice when writing a business letter?
A. Using a generic salutation when writing to an individual whose name and gender is notknown B. Typing the name of a country in all-capital letters for an international address C. Placing a comma after the last word of a complimentary closing if using open punctuation D. Placing a company's letterhead at the bottom of a plain page