Chase files a complaint with his local Better Business Bureau (BBB) about an advertisement he feels is misleading and deceptive. The BBB would:
A) keep a copy of the complaint in the company's file for future use if someone asked about that particular company
B) refer the complaint to the National Advertising Division
C) refer the complaint to the National Advertising Review Board
D) refer the complaint to the Federal Trade Commission
B
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Indicate whether each of the following statements is true or false.A pro forma income statement provides a review of a company's profitability over the past year.Budgets are usually prepared using spreadsheet software.The pro forma statement of cash flows is essentially the same as the cash budget.Pro forma financial statements must be prepared near the end of the budgeting process because they are affected by each of a company's budgets.Once the master budget is prepared, company managers should continue to review the budget and adjust it for changes in assumptions or conditions.
What will be an ideal response?
Solar Tanning Salon prices tanning sessions at $25 per visit. It also offers seasonal passes for $175 that allow the customer to visit the salon multiple times in a year. This is an example of a(n) ________
A) sample B) promotional allowance C) product bundle D) discount E) product line
In this phase of the Runde and Flanagan model for tempering negative emotions, you are ready to actively resolve the conflict and your emotions are under control.
A. phase 1: cool down B. phase 2: slowing down C. phase 3: engaging constructively D. phase 4: finalize engagement
Revenue on account amounted to $6800. Cash collections of accounts receivable amounted to $4400. Expenses for the period were $3500. The company paid dividends of $1150. What was net income for the period?
A. $900 B. $3300 C. $2150 D. $3250