According to the basic model of communication, which of the following is an example of a channel?
A. The number of customers that redeemed a cents-off coupon
B. The creative team that designed an ad for a leading retail chain
C. A billboard beside an interstate highway
D. A company's spokesperson
E. A celebrity appearing in an ad for a cosmetics brand
Answer: C
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Marsh Corporation borrowed $90,000 by issuing a 12%, six-month note payable, all due at the maturity date. After one month, the company's total liability for this loan amounts to:
a. $91,800 b. $90,900 c. $90,450 d. $90,000
When speakers use the opinions of others either to support positions they are taking or to reinforce claims they are making, they are using ______.
a. credibility b. sources c. testimony d. statistics
The term "Ex-ship" requires the seller to bear the expense and risk of loss until the goods are unloaded from the ship at its port of destination
Indicate whether the statement is true or false
A company made no adjusting entry for accrued and unpaid employee salaries of $9,000 on December 31. Which of the following statements is true?
A. It will understate assets by $9,000. B. It will have no effect on income. C. It will understate net income by $9,000. D. It will understate expenses and overstate net income by $9,000. E. It will overstate assets and liabilities by $9,000.