Tristan has been calling on the same customer for years. He handles all of the company's orders and quickly resolves any issues that may come up. On occasion, Tristan takes some of the company employees out to dinner and has even given them tickets to local sporting events. Tristan is involved in
A. loyalty selling.
B. publicity.
C. relationship selling.
D. public relations.
E. multi-level marketing.
Answer: C
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Which of the following data are needed to calculate total equivalent units under the weighted-average method?
A. Work to complete beginning work in process, units completed, and work done on ending work in process. B. Units completed during the period, work-to-date on ending work in process. C. Work-to-date on ending work in process, units started during the period. D. Units completed, work to complete beginning work in process. E. Work to complete beginning work in process, work-to-date on ending work in process.
A purchase on account with an invoice price of $1,500 has been made. The entry to record the payment after the 2 percent discount period would include a(n)
A) decrease to Accounts Payable for $1,500. B) decrease to Purchases Discounts for $30. C) increase to Accounts Payable for $1,470. D) decrease to Cash for $1,470.
The degree of consensus among measurers is referred to in the conceptual framework as:
a. reliability. b. relevance. c. representational faithfulness. d. understandability.
Which of the following statements is True
a. A mixed cost can be separated into fixed and variable components using the Hi Lo method b. As production increases, the fixed cost per unit will decrease. c. Depreciation computed under the straight line method is a fixed cost. d. All of the above statements are true.