Chief Digital Officer (CDO) is a position responsible for developing and managinginnovative social media programs
Indicate whether the statement is true or false
TRUE
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The document used to record merchandise receipts is called a purchasing report
Indicate whether the statement is true or false
In the liquidity-preference model, a decrease in the money supply causes
A. the nominal interest rate to increase and the equilibrium quantity of money to decrease. B. the nominal interest rate to increase and the equilibrium quantity of money to remain unchanged. C. the nominal interest rate to decrease and the equilibrium quantity of money to remain unchanged. D. both the nominal interest rate and the equilibrium quantity of money to decrease.
Which of the following characterizes the maturity stage of the product life cycle?
A) competition is intense and the products are fairly similar in terms of their characteristics B) new competitors rapidly enter the market and product growth increases C) potential consumers are unaware of the features and benefits of the product D) competition begins to exit the category rapidly to find other sources of investments
First Bank loaned $400,000 to Thomas, taking a security interest in his yacht. Thomas defaulted on the loan and First Bank repossessed the boat. First Bank sold the yacht at a public sale. The sale yielded $50,000 more than the debt. First Bank
a. must pay Thomas the $50,000. b. is entitled keep the $50,000. c. must share the $50,000 equally with Thomas. d. must pay the surplus to the Secretary of State.