The primary difference between ordinary and extraordinary repairs is that extraordinary repairs
a. are an expense of the current period.
b. are periodic in nature.
c. are necessary to maintain the asset in good operational condition.
d. extend the useful life or increase the residual value of the asset.
D
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The board of directors of your organization will meet for a luncheon next month in a suburban hotel. Because of confusion in finding the location for the last meeting, your associate has asked you to provide better directions before the upcoming meeting. What type of graphic would best convey this arrangement?
a. Photograph b. Pictogram c. Map d. None; oral directions would be better.
According to your text, which of the following is one of the greatest influences on consumer behavior?
A. opinion leaders B. reference groups C. family members D. knowledgeable salespeople E. advertising messages
SWOT analysis is useful in part because it obliges the firm to act proactively by putting an emphasis on identifying opportunities and threats that constrain the action choices a firm might make because of its internal and external environmental scan.
Answer the following statement true (T) or false (F)
Which of the following refers to an automated process of analyzing and categorizing social media to determine what type of comments are being made about a brand online?
A. data warehousing B. situation analysis C. consumer panel D. response rate E. sentiment analysis