The gross profit method is used to

a. estimate inventory; b. check the accuracy of the physical inventory; c. determine cost of goods sold under
the perpetual inventory method; d. do all of these; e. do none of these.


A

Business

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Which of the following statements about Hispanic buying patterns is most accurate?

A. Hispanics are dubious about using advertising as an information source. B. Hispanics are often brand loyal and willing to pay a premium price for premium quality. C. Uniquely Hispanic buying patterns have virtually disappeared over the past ten years due to increased assimilation. D. Hispanic buying preferences are strongly influenced by contemporary fads and fashions. E. Convenience is an essential product attribute for Hispanic homemakers with respect to food preparation or consumption.

Business

Corporate strategy is formulated by ______.

a. the organization’s top managers b. the entire organization c. third-party consultants d. people in charge of marketing and manufacturing

Business

All of the following are time periods that the U.S. economy experienced a period of recession EXCEPT:

A. 1990-1991. B. 1981-1982. C. 2010-2013. D. 2007-2009. E. 1973-1975.

Business

Individuals are protected against double jeopardy by the ________ Amendment to the U.S. Constitution

A) First B) Fourth C) Fifth D) Ninth

Business