Which of the following is a promotional technique that involves giving buyers free or low-cost items in the product package to encourage buying?

A) point-of-purchase display
B) sweepstakes
C) loyalty program
D) refund or rebate
E) premium


E

Business

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On December 1, Casualty Insurance Company borrowed $50,000 at a 6.0% interest rate from One Mutual Bank. The note payable plus interest will not be paid until April 1 of the following year. The company's annual accounting period ends on December 31 and adjustments are only made at year-end. The adjusting entry needed on December 31 is:

A. Debit Interest Expense, $250; credit Note Payable, $250. B. No entry required. C. Debit Interest Payable, $1,000; credit Interest Expense, $1,000. D. Debit Interest Expense, $250; credit Interest Payable, $250. E. Debit Interest Expense, $1,000; credit Interest Payable, $1,000.

Business

The number of shares issued less the number of shares of treasury stock is the ____________________ shares

Fill in the blank(s) with correct word

Business

Financial managers work with the managers from the other functional areas of business. For example: When the financial manager provides funds for activities such as training and hiring, they are probably working with which functional area?

A) Human Resourses B) Information Technology C) Marketing D) Operations

Business

What will be the result of the following query on table STUDENT?SELECT COUNT( *) FROM student GROUP BY class;

A) Number 5 B) Number 2 C) Numbers 2 and 3 D) Numbers 1 and 1

Business