A mistake of value warrants contract rescission

Indicate whether the statement is true or false


False

Business

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The advertising promise that captures the reason that people buy products is known as:

A) creative strategy. B) the advertising appeal. C) the selling proposition. D) the creative execution. E) the big idea.

Business

Expenses originate from

a. using an asset or recognizing liabilities. b. incurring liabilities or providing services to customers. c. collecting cash from customers. d. paying off liabilities.

Business

You would most likely find canned sales presentations being used to sell:

A. vacuum cleaners. B. perishable products. C. home entertainment centers. D. office equipment and cash registers. E. legal services.

Business

In the manufacture of 10,000 units of a product, direct materials cost incurred was $145,800, direct labor cost incurred was $82,000, and applied factory overhead was $45,500. What is the total conversion cost?

A) $127,500 B) $145,800 C) $272,200 D) $273,300

Business