The _____ is aninternational cooperative of 188 member countries, working together to reduce poverty in the developing world.
A. World Bank
B. World Trade Organization
C. International Monetary Fund
D. General Agreement on Tariffs and Trade
Answer: A
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The owners of Old School Brand Authentic Antique Foods researched Civil War records to come up with recipes for the old-fashioned products they market. Concern about the ________ element of the marketing mix would make them eager to be featured in an upcoming edition of Taste of Home magazine.
A. price B. production C. place D. promotion E. product
When companies embrace conscious marketing, they appeal only to their shareholders. This unique view on shareholders is absolutely critical to conscious marketing.
Answer the following statement true (T) or false (F)
In preparing financial budgets:
A. The budgeted income statement is usually not prepared. B. The capital expenditures budget is usually prepared last. C. The budgeted balance sheet is usually prepared last. D. The cash budget is usually not prepared. E. The budgeted income statement is usually prepared last.
Pittsburgh Company pays cash for all inventory purchases. The company had a beginning inventory of $18,500 and an ending inventory of $16,900. Their cost of goods sold amounted to $75,000. Based on this information, what was the amount of cash paid for inventory purchases?
A. $73,400 B. $75,000 C. $81,800 D. $76,600