When a manufacturer rewards retailers based on the number of pieces moved through their scanners, this sales promotion method is known as a
A. merchandise allowance.
B. count-and-recount allowance.
C. buy-back allowance.
D. scan-back allowance.
E. scan-count allowance.
Answer: D
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Last year Maine Company reported a cost of goods sold of $110,000. Inventories increased by $30,000 during the year, and accounts payable decreased by $15,000. The company uses the direct method to determine the net cash flows from operating activities on the statement of cash flows. The cost of goods sold adjusted to a cash basis would be:
A) $140,000. B) $65,000. C) $125,000. D) $155,000.
It is in society's interest to condemn every firm that acquires a position of power
Indicate whether the statement is true or false
The Constitution authorizes the president to enter into treaties having the legal force of a federal statute without having to go through the legislative process or without having to receive advice or consent of the federal legislative branch of government
Indicate whether the statement is true or false
Property Risk:
A) is an example of a speculative risk B) is an example of an indirect risk C) only relates to buildings D) is an example of a pure risk