Gazelles have been responsible for
a. some innovation.
b. 55 percent of innovations.
c. 30 percent of all radical innovations.
d. limited innovations.
ANSWER: b
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A company estimates that warranty expense will be 5% of sales. The company's sales for the current period are $206,000. The current period's entry to record the warranty expense is:
A. Debit Warranty Expense $10,300 credit Sales $10,300. B. Debit Estimated Warranty Liability $10,300 credit Warranty Expense $5380. C. Debit Warranty Expense $10,300 credit Estimated Warranty Liability $10,300. D. Debit Estimated Warranty Liability $10,300 credit Cash $10,300. E. No entry is recorded until the items are returned for warranty repairs.
Abel, a teenager, is trying to earn money by operating a dog walking service. Abel is knocking on the door of every dog owner within a six-block radius of his house and asking if the homeowner would like to use his service. Abel is using the ________ method of prospecting.
A. endless chain B. Prospecting on the web C. referral D. cold canvass E. group
Most cultures are not as concerned with the legal view as they are with
a. a shared perception and inventory control. b. a shared perception and a good agreement. c. jurisdiction and the time it takes to negotiate. d. information that must be reported and jurisdiction.
__________ English laws require businesses to write policies, warranties, and contracts in language comprehensible to average readers
Fill in the blank(s) with correct word