ISO 9001 standard is intentionally _________ so that it can be applied to any given organization, public or private.
a) comprehensive
b) variable
c) generic
d) process-specific
Answer: c) generic
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Perry Rodriguez wants to create a network of prospects for his landscaping business. Which of the following would be the LEAST effective method?
A. Sending contacts unflattering information about the competition B. Sending contacts monthly sales promotional items C. Sending thank-you notes to people who give him leads D. Focusing on meeting center-of-influence people E. Asking open-ended, feel-good types of questions
The Bromley Company purchased a tooling machine in 2004 for $120,000 . The machine was being depreciated on the straight-line method over an estimated useful life of 20 years, with no salvage value. At the beginning of 2014, when the machine had been in use for ten years, the company paid $20,000 to overhaul the machine. As a result of this improvement, the company estimated that the useful life
of the machine would be extended an additional five years. What would be the depreciation expense recorded for the machine in 2014? a. $4,000 b. $5,333 c. $6,000 d. $7,333
Brooke Distributing leased a machine for a period of eight years, contracting to pay $200,000 at the beginning of the lease term on December 31 . 2014, and $200,000 annually on December 31 for each of the next seven years. The present value of the eight rent payments over the lease term, appropriately discounted at 1 . percent, is $1,174,000 . On its December 31 . 2015, balance sheet, Brooke
should report a liability under capital lease of a. $871,400. b. $876,600. c. $974,000. d. $1,091,400.
Web-based demonstrations can be an effective way to present when it is:
A) imperative that a customer see a full product demonstration B) important to meet face-to-face C) important to impress the buyer with technology D) necessary to provide factual data and research E) impossible or expensive to present in person