The FASB requires that a statement showing the relationship of functional expenses to natural classifications of expense be prepared by which of the following entities?

A. Health care entities.
B. Colleges and universities.
C. All not-for-profit entities.
D. Voluntary health and welfare entities.


Answer: C

Business

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To make the most efficient use of technology and software applications as sales tools, salespeople should use them to:

A. create personal blogs. B. help them avoid using the wrong closing. C. make cold calls. D. improve their personal productivity. E. play games while they wait for a customer.

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Explain the strengths of mobile marketing from the marketer's point of view

What will be an ideal response?

Business

A global fast-food chain started offering action figures and other toys for children in an attempt to gain an edge over a rival fast-food chain of similar size. Which of the following best describes this approach to gain an advantage?

A) locating substitutes and alternatives for scarce supplies B) showing that one's product is essential to successful operation C) introducing new products and services in order to reduce intensity of rivalry D) demonstrating the functional superiority of one's product over rival products

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Employee turnover for part-time workers is lower than that for full-time workers.

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

Business