Direct selling is a retail channel where salespeople interact with customers face-to-face.
Answer the following statement true (T) or false (F)
True
Direct selling is a retail channel in which salespeople interact with customers face-to-face in a convenient location, either at a customer's home or at work. Direct salespeople demonstrate merchandise benefits and/or explain a service, take an order, and deliver the merchandise.
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In which of the following ways did the charge to the Financial Accounting Standards Board (FASB) differ from that given to the Accounting Principles Board (APB)?
a. The FASB was to establish standards of financial accounting and reporting in the most efficient and complete manner possible. b. The FASB was to work toward standard setting with a two-pronged approach. c. The FASB was expected to stipulate principles of accounting as an underlying framework. d. The accounting standards established by the FASB were to be advisory rather than mandatory.
In building a marketing plan, the entrepreneur should use a process designed as a pyramid, starting with narrow data and working down to broader-based information.
Answer the following statement true (T) or false (F)
The sensitivity range for a constraint quantity value is also the range over which the ________ is valid
Fill in the blank with correct word.
?Exhibit 14-2 A $500,000, ten-year, 7% bond issue was sold to yield 6% interest payable annually. Actuarial information for 10 periods is as follows: ? ? 6% 7% Present value of 1 0.50835 0.55839 Present value of an annuity of 1 7.02359 7.36009 ? ? Refer to Exhibit 14-2. At date of issuance cash received would be
A. ?$489,903. B. ?$464,883. C. ?$511,778. D. ?$536,798.