Ans: E) a car
For which of the following products or services is the seller most likely to use life-cycle value pricing?
A) lottery tickets
B) a hotel reservation
C) shampoo
D) a meal at a restaurant
E) a car
Business
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Audit evidence concerning proper segregation of duties ordinarily is best obtained by:
A. preparation of a flowchart of duties performed by available personnel. B. direct personal observation of the employees who apply the control activities. C. inquiring whether control activities operated consistently throughout the period. D. reviewing job descriptions prepared by the Personnel Department.
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Approximately 20 percent of the U.S. workforce consists of undocumented workers
Indicate whether the statement is true or false
Business
Some of the elements of a contract are acceptance, consideration, legality, and capacity.
Answer the following statement true (T) or false (F)
Business
Unlike the early stock exchanges, National Association of Securities Dealers Automated Quotation System (NASDAQ) has never:
A. maintained a physical trading location where dealers meet to trade securities. B. listed stocks of large, well-known firms. C. established formal listing requirements. D. used a computerized network to trade securities and to allowtraders to bypass the market makers.
Business