Marketing managers for Mountain Dew used a positioning statement to help focus efforts and gain market share in a competitive environment.

Answer the following statement true (T) or false (F)


True

The marketing strategy based on Mountain Dew's positioning statement helped it gain market share with 16- to 24-year-old males, its target market.

Business

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A merchandiser reports sales revenue of $25,000 and sales discounts forfeited of $1,500. The merchandiser uses a perpetual inventory system. The first entry in the closing process would include ________.

A) a credit to Income Summary for $26,500 B) a credit to Income Summary for $25,000 C) a debit to Income Summary for $26,500 D) a debit to Income Summary for $25,000

Business

In traditional product-costing systems, the measure of productive activity is usually some volume-based cost driver, like direct-labor hours.

Answer the following statement true (T) or false (F)

Business

Which type(s) of activities are static budgets less useful for?

A) Operating activities B) Control activities C) Planning activities D) Both control and planning activities

Business

To design and format a chart, use the commands on the ____________________ Design and Format tabs

Fill in the blank(s) with correct word

Business