Sales promotion:
A. is a publicity tool
B. is only directed to the ultimate consumer market
C. is more difficult to measure than advertising
D. offers a short-term incentive to buy
E. expenditures have been decreasing in recent years
Answer: D
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Online presentations are
a. totally dependent on technology for their delivery. b. partially dependent on technology for their delivery. c. independent of technology for their delivery. d. robotized.
Performance management programs can be used for many purposes, including promotions, transfers, layoffs, and pay decisions.
Answer the following statement true (T) or false (F)
Forge Company, a calendar-year entity, had 6,000 units in its beginning inventory for 20X8. On December 31, 20X7, applying the lower-of-cost-or-market (NRV) principle, the units had been adjusted down to $470 per unit from an actual cost of $510 per unit. It was the lower of cost or market (NRV). No additional units were purchased during 20X8. The following additional information is provided for 20X8: Inventory Unit Market QuarterDate (units) Value FirstMarch 31, 20X8 4,800 $455 SecondJune 30, 20X8 4,000 480 ThirdSeptember 30, 20X8 3,100 440 FourthDecember 31, 20X8 2,000 455 Forge does not have sufficient experience with the seasonal market for its inventory units and assumes that any reductions in market value during the year will be
permanent.Based on the preceding information, the cost of goods sold for the first quarter is: A. $546,000 B. $564,000 C. $636,000 D. $624,000