Which of the following statements is true of customer loyalty?

A. Customer loyalty helps in delivering value to a product.
B. Loyal customers provide valuable feedback.
C. Customer loyalty generates customer satisfaction.
D. Loyal customers do not require service.


Answer: B

Business

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Profitability measures are intended to indicate an entity's ability to earn income by operating efficiently

a. True b. False Indicate whether the statement is true or false

Business

Plesco Corporation acquired 80 percent of Slesco Corporation's voting common stock on January 1, 20X7. On January 1, 20X8, Plesco received $350,000 from Slesco for equipment Plesco had purchased on January 1, 20X5, for $400,000. The equipment is expected to have a 10-year useful life and no salvage value. Both companies depreciate equipment on a straight-line basis.Based on the preceding information, in the preparation of the 20X8 consolidated financial statements, equipment will be:

A. debited for $25,000. B. credited for $70,000. C. debited for $50,000. D. debited for $40,000.

Business

Which of the following statements is true regarding starting a presentation with a question?

A) It is the least risky way of starting the presentation. B) The question asked at the beginning of the presentation must always be a genuine question that you'd actually like your audience to answer. C) Asking a question is not a recommended way to establish rapport with your audience. D) The question can immediately involve your audience. E) The question asked at the beginning of the presentation should never be a rhetorical question.

Business

If budgeted net income for the upcoming period is too low, management has the opportunity to make adjustments before the new period begins

Indicate whether the statement is true or false

Business