What are the two proprietary fund types?
What will be an ideal response?
Internal service funds and enterprise funds.
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Business is booming! Out of excitement, you sent out a memo that told everyone that you would be giving everyone vacations once this quarter’s sales figures were posted on August 1st. Subsequently, everyone in your department planned a vacation for August 1st through the 7th. What was wrong with your message?
a. The who: You did not send the message to the correct people. b. The how: You did not encode your message correctly in terms of when the vacations would be. c. The when: You did not send the message at the right time. d. The where: You did not send the message in the correct setting.
A company purchased equipment for use in the business at a cost of $14,500, one-fifth was paid in cash, and the company signed a note for the balance. The journal entry to record this transaction will include a:
A. debit to Equipment of $2900. B. debit to Cash of $14,500. C. credit to Notes Payable of $11,600. D. debit to Notes Payable of $11,600.
Marketers at Omega Pharmaceuticals are identifying stores and outlets that will be most convenient for customers to buy its products. The company is also planning the logistics of how and when the products will be delivered to the outlets
Fill in the blanks with correct word.
Creating entertainment and suggestive brand messages that are designed to be passed along at an exponential rate is known as ____________________________.
a. Conversation creation b. Viral Marketing c. Stealth Marketing d. Buzz Marketing