DLS Cosmetics is trying to create brand awareness by sending households free samples of its products. These free samples are examples of ________.
A. personal selling
B. free publicity
C. free advertising
D. direct sales
E. sales promotions
Answer: E
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Which financial statement would you refer to in order to determine whether a company owed funds to creditors?
a. Balance Sheet b. Statement of Retained Earnings c. Income Statement d. Statement of Public Accounting
Segregation of duties, as a control procedure, is most often used
a. when the task involved is complex. b. when it is impossible for one person to complete a task. c. when appraisals are conducted. d. when cash is involved.
Using the standard costs of $5 per pound for a 10 pound bag of chocolate and the following actual cost and usage data, compute the direct materials price variance. Direct materials purchased and used 99,000 pounds Price paid for direct materials $4.00 per pound Number of good units produced 9,000 units
a. $45,000 (F) b. $45,000 (U) c. $54,000 (F) d. $99,000 (F)
Procedural justice concerns the compensation that a customer receives as a result of the losses and inconveniences incurred because of a service failure
Indicate whether the statement is true or false