Which of the following is true of Generation Z?
A. People belonging to this generation are also called Millennials.
B. This group is a part of a more ethnically diverse United States than their parents.
C. This group appears to be less accepting of different cultures, races, and religions.
D. It is the generation born immediately following the Baby Boom.
E. This group tends to have optimistic, as opposed to realistic, views of the world.
Answer: B
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Bailey Corp sold investments for $204,000 cash that cost $180,000. The journal entry to record the transaction which correctly shows the increase in cash flow is:
A) Cash 204,000 Investments 180,000Gain on Sale of Investments 24,000 B) Cash 180,000 Loss on Sale of Investments 24,000Investments 204,000 C) Investments 204,000 Cash 204,000 D) Cash 180,000 Investments 180,000
In comparison to the manufacturing economy of the 1960s, today's market involves a greater focus on all of the following EXCEPT which one?
A) market segmentation B) relationship marketing C) mass marketing D) targeting E) positioning
In a good internal control system, which of the following sets of documents is required for proper approval of a payment to a supplier?
A) a journal entry, a supplier invoice, and a description of the goods being purchased B) a receiving report, an invoice, and a purchase order C) a purchase order, a journal entry, and a price catalog D) a supplier invoice, a bill of lading, and the supplier's financial statements
Which of the following population groups is the most techno-savvy?
A. Gen X B. seniors C. Gen Y D. Baby Boomers