An example of a public source of information consulted during an external search would include

A. Consumer Reports magazine.
B. your brother-in-law.
C. a sales person at the Apple Store.
D. a point of purchase display at Target.
E. People magazine advertising.


Answer: A

Business

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Routing Solutions paid $233,000 to acquire Tabletz Company, an electronic gadget-advertising website. At the time of the acquisition, Tabletz's balance sheet reported total assets of $233,000 and liabilities of $116,500. The fair market value of Tabletz's assets was $233,000. The fair market value of its liabilities was $116,500. How much goodwill did Routing Solutions purchase as part of the acquisition of Tabletz?

A) $233,000 B) $58,250 C) $116,500 D) $174,750

Business

If a company is comparing its financial condition or performance to a base amount in the same time period, it is using vertical analysis.

Answer the following statement true (T) or false (F)

Business

In public relations writing, ________ is often maligned, but is the granddaddy of public relations writing vehicles

A) the backgrounder B) the photo opportunity C) the news release D) the media alert

Business

When a JIT is implemented, which of the following changes in the accounting system would not be expected?

a. fewer cost allocation. b. combining raw material and materials in work-in-process into one product cost category. c. Combining labor and overhead into one product cost category. d. elimination of the standard costs.

Business