A security interest in consumer goods, except motor vehicles, is automatically perfected upon attachment

Indicate whether the statement is true or false


True

Business

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Marketing communications budgets tend to be higher when there ________

A) is high channel support B) exists hardly any change in the marketing program over time C) are infrequent product purchases in large quantities D) are differentiated products and nonhomogeneous customer needs E) are many easily reachable customers spread over small geographic territories

Business

If Parnell Industries is uncertain that it will collect all four payments from Ranger Inc and uses the installment method of accounting for revenue recognition what amount of gross profit should Parnell recognize in 2012 from the sale?

a. $0 b. $861,883 c. $172,377 d. $800,000

Business

Equivalent units are computed to assign costs to partially completed units

Indicate whether the statement is true or false

Business

Which of the following is NOT one of the six basic emotions that are evident in facial expressions around the world from a very early age.

A. Hate B. Fear C. Disgust D. Surprise

Business