What effects on a retail store's accounting equation occur when merchandise returned by customers is recorded?
a. Stockholders' equity decreases and liabilities increase.
b. Assets and stockholders' equity decrease.
c. Assets and stockholders' equity increase.
d. Assets decrease and liabilities increase.
b
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Paid actors or models used in an advertisement to resemble everyday people would be considered to be celebrity endorsement since they are professional actors or models
Indicate whether the statement is true or false
Two methods can be used to implement _________________________: EXECUTE IMMEDIATE and OPEN FOR.
Fill in the blank(s) with the appropriate word(s).
Information is the ______ of data while knowledge is information that has been given ______.
a. accumulation; structure b. meaning; structure c. interpretation; meaning d. understanding; definitions
How are the critical assumptions of the resource-based model of a firm fundamentally different from the way in which a firm is viewed in the perfectly competitive industry structure?
A. In perfect competition, it is extremely difficult to replicate the resource bundles of a firm, whereas in the resource-based model, it is extremely easy to imitate them. B. In perfect competition, all firms have access to the same capabilities, whereas in the resource-based model, resource differences exist between firms in the same industry. C. In the resource-based model, only physical assets of a firm are considered as resources, whereas in perfect competition, a firm's capabilities and competencies are also considered as resources. D. In the resource-based model, resources are freely available and mobile, whereas in the perfectly competitive industry structure, resources are highly immobile.