A company decides to ignore a very small error in its inventory balance. This is an example of the application of the ________
A) conservatism
B) materiality concept
C) disclosure principle
D) consistency principle
B
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If you're using the direct approach to deliver a negative message,
A) save the bad news for last. B) state the bad news at the beginning. C) embed the bad news in a parenthetical expression. D) subordinate the bad news in a compound sentence. E) begin with a neutral buffer.
Which of the following is NOT an aspect of the Entrepreneurship Ecosystem described in the chapter?
a. social norms b. physical infrastructure c. entry regulation d. open-access patent databases
A company manufactures a product and sells it for $120 per unit. The total fixed costs of manufacturing and selling the product are expected to be $155,250, and the variable costs are expected to be $75 per unit. What is the company's break-even point in (a) units and (b) dollar sales?
What will be an ideal response?
Sunny Pines campground, located in the Midwest, promotes the months of September and October as its value camping months. During this time, it offers reduced rates on camper rentals and campgrounds. It does this, in part, because the weather is not as favorable for camping at this time. The pricing tactic Sunny Pines is using to encourage camping during these months is most likely
A. prestige pricing. B. price bundling. C. seasonal discounts. D. unbundling. E. odd pricing.