Disintermediation eliminates the need for customers to interact with salespeople

Indicate whether the statement is true or false


TRUE

Business

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On June 3, Addison Company purchased merchandise worth $1,600 on credit, terms 2/10, n/30. The amount paid on June 15. What is the required journal entry to record the payment under the periodic inventory system?

A) Accounts Payable 1,568 Purchases Discounts 32Cash 1,600 B) Accounts Payable 1,600 Purchases Discounts 32Cash 1,568 C) Cash 1,600 Accounts Payable 1,600 D) Accounts Payable 1,600 Cash 1,600

Business

The goal of the ________ problem is to maximize the amount of flow of items from an origin to a destination

Fill in the blank with correct word.

Business

The ________ criterion results in the maximum of the minimum payoffs

A) minimax B) maximax C) maximin D) minimin

Business

Almost all advertising campaigns are aimed at producing immediate sales.

Answer the following statement true (T) or false (F)

Business