Performance can be accomplished by tender.

Answer the following statement true (T) or false (F)


True

Business

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Under the ____________________ basis of accounting, a firm recognizes revenue when it performs all or a substantial portion, of the services it expects to perform and receives either cash or a receivable

Fill in the blank(s) with correct word

Business

Electronic funds transfers (EFTs) are decreasingly used by companies due to the inconvenience and high cost.

Answer the following statement true (T) or false (F)

Business

A positive profitability index indicates a positive net present value.

Answer the following statement true (T) or false (F)

Business

Answer the following statement(s) true (T) or false (F)

1. Hedonic goods are those goods that meet customer needs. 2. The emphasis on marketing has always been on satisfying customer needs. 3. The policy of customer satisfaction is also known as the marketing concept. 4. A market is defined as the group of people who have the ability to purchase a product. 5. A firm that manufactures furniture would be an industrial market for firms that supply the raw materials.

Business