In the _____ stage of new-product development, preliminary demand, cost, sales, and profitability estimates are made.
A. prototype screening
B. idea generation
C. concept testing
D. post-brainstorming
E. business analysis
Answer: E
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Speakers deliver informative speeches for all of the following reasons EXCEPT
a. to explain a process, procedure, organization, or function. b. when they describe a person, place, or thing. c. to convince their audience of something. d. when they define a word or concept.
Heston and Burton, CPAs, currently work a five-day week. They estimate that net income for the firm would increase by $45,000 annually if they worked an additional day each month. The cost associated with the decision to continue the practice of a five-day work week is an example of:
A) differential revenue B) sunk cost C) differential income D) opportunity cost
Which of the following relating to not-for-profit accounting for contributions is false?
a. All contributed services should be recognized. b. Contributions received should be recognized as revenues in the period received. c. Service contributions should be valued at the fair value of services or the resulting increase in assets. d. Contributions received should be recognized at their fair values.
Vague goals, such as "do your best," lead to higher output than do specific goals.
Answer the following statement true (T) or false (F)