A potential investor wants to know if the proposed auto body shop will be offering warranties on its service. In which section of the business plan should the investor look?
A) product
B) appendices
C) sales and promotion
D) company profile and strategy
E) market analysis
A
Explanation: A) The product section describes the product and all its pertinent details. It is also important to discuss ongoing service aspects that are provided with the product, such as warranties and repairs.
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Which of the following procedurea is not performed as part of an engagement quality review?
a. Evaluate judgments about materiality and the disposition of corrected and uncorrected identified misstatements. b. Call each board member to discuss the potential for fraud. c. Confirm with the lead audit partner that there are no significant unresolved matters. d. Evaluate whether appropriate levels of supervision and reviews of individual audit tasks were completed adequately during the audit.
Phoenix Automated Retail Servicesspecializes in DVD rentals via automated retail kiosks. If consumers want a particular DVD, they can rent it from Phoenix instead of searching for itinvariousproduction studios
Phoenixtherefore provides _____ for both consumers and the production studios. a. contact efficiency b. reciprocity c. synergy d. forward integration
In which of the following does a seller have the right to stop delivery of goods in transit regardless of the size of the shipment?
A) the buyer repudiates the contract B) the buyer has payments due C) the seller learns of the buyer's insolvency D) the seller has been ordered for specific performance
The theory of constraints uses ______ performance measures to evaluate whether the effectiveness of the improvements made has enabled the system to make more money.
A. two B. three C. four D. five