The Pure Food and Drug Act was passed in:
a. 1806 b. 1906 c. 1960 d. 1986 e. 1999
b
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Earned media includes company-generated advertising, publicity, and other promotional efforts
Indicate whether the statement is true or false
Gold Company had the following transactions:
Use the following sales journal to record the preceding transactions. The company uses the perpetual inventory system.
Answer the following statements true (T) or false (F)
1) The payback method is a screening device and is rarely used as the sole method for deciding whether to invest in an asset. 2) All else being equal, investments with longer payback periods are preferable. 3) Cash inflows from a capital investment arise from an increase in revenues, a decrease in expenses, or both. 4) A major criticism of the payback method is that it focuses only on the time to recover the investment and ignores profitability. 5) Most capital budgeting methods focus on accrual-based income.
The following are advantages of decentralization except:
A) Managers make better decisions when closer to the operation of the company. B) Expertise in all areas of the business is difficult, decentralization makes it better to delegate certain responsibilities. C) Each decentralized operation purchases their own assets and pays for operating costs. D) Decentralized managers can respond quickly to customer satisfaction and quality service.