A marketing research firm is testing consumer reactions to odorless charcoal briquettes by asking people in the community to test the briquettes and then following up with a telephone survey to learn how they feel about the product. The firm has found that different samples from the same general population give remarkably different survey results. The firm's test most likely lacks
A. distinctiveness.
B. clarity.
C. validity.
D. reliability.
E. standardization.
Answer: D
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Most organizations offer ________ to encourage learning and attract the kinds of employees who wish to develop their knowledge and skills.
A. tuition reimbursement programs B. quarterly promotions C. pension plans D. paid vacations E. medical insurance plans
Suppose that a business purchases a 6-month general liability insurance policy for $24,000 on January 1. To record this transaction, the company debits "Prepaid Insurance" for $24,000 and credits "Cash" for $24,000. As of January 31, the company has consumed one month of insurance. What adjusting entry is necessary at January 31?
A) Insurance Expense 24,000Prepaid Insurance 24,000 B) Insurance Expense 4,000Cash 4,000 C) Prepaid Insurance 24,000Insurance Expense 24,000 D) Insurance Expense 4,000Prepaid Insurance 4,000
Discuss the marketing strategy
What will be an ideal response?
Spice Company issued $200,000 of 10 percent first mortgage bonds on January 1, 20X4, at 105. The bonds mature in 10 years and pay interest semiannually on January 1 and July 1. Pumpkin Corporation purchased $140,000 of Spice's bonds from the original purchaser on January 1, 20X8, for $122,000. Pumpkin owns 75 percent of Spice's voting common stock.Based on the information given above, what amount of gain or loss on bond retirement will be reported in the 20X8 consolidated financial statements?
A. $22,200 B. $17,000 C. $12,800 D. $18,500