Which of the following is not a social networking site?
A) LinkedIn
B) Facebook
C) Twitter
D) Firefox
D
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The risk of incorrect acceptance relates to the:
A. efficiency of the audit. B. tolerable misstatement. C. preliminary estimates of materiality levels. D. effectiveness of the audit.
The term "goods" means products sold by wholesalers. The term "merchandise" refers to products sold by retailers. Thus, the two terms refer to different products
Indicate whether the statement is true or false
Which of the following holds true of the seller's entitlement on the recovery of purchase price of goods?
A. The seller is not entitled to the purchase price of all goods accepted by the buyer. B. Even if the seller successfully resells the goods, he can claim recovery of the purchase price from the buyer. C. The seller cannot recover the purchase price of goods damaged after the buyer assumed the risk for their loss. D. If the seller resells goods to another buyer, the seller must give the first buyer due credit for the proceeds of the resale.
________ refers to the availability and number of locations, called outlets, which make the
product or service available for sale. A) All commodity volume B) Distribution intensity C) Market share D) Economies of scale