Debts owed by a business are called
A. assets.
B. expenses.
C. liabilities.
D. equities.
E. revenues.
Answer: C
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________ are statistical techniques suitable for analyzing data when there are two or more measurements on each element and the variables are analyzed simultaneously
A) Univariate techniques B) Multivariate techniques C) Random techniques D) Parallel techniques E) Uniform techniques
On September 1, Kennedy Company loaned $115,000, at 12% annual interest, to a customer. Interest and principal will be collected when the loan matures one year from the issue date. Assuming adjustments are only made at year-end, what is the adjusting entry for accruing interest that Kennedy would need to make on December 31, the calendar year-end?
A. Debit Interest Expense, $13,800; credit Interest Payable, $13,800 B. Debit Cash, $4600; credit Interest Revenue, $4600. C. Debit Interest Expense, $4600; credit Interest Payable, $4600 D. Debit Interest Receivable, $13,800; credit Cash, $13,800 E. Debit Interest Receivable, 4600; credit Interest Revenue, $4600.
Economic sustainability means appropriately allocating scarce resources to make a profit
Indicate whether the statement is true or false
________ is the process of naming broad product-markets and then segmenting these broad product-markets in order to select target markets and develop suitable marketing mixes.
A. Mass marketing B. Market positioning C. Strategic planning D. Implementation E. Market segmentation