Which of the following would be considered when preparing a company's sales forecast? Anticipated Advertising CampaignsGeneral Economic TrendsExpected Competitive ActionsA.YesYesNoB.YesNoYesC.YesNoNoD.YesYesYesE.NoNoYes
A. Choice A
B. Choice B
C. Choice C
D. Choice D
E. Choice E
Answer: D
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Which of the following best describes a trial balance?
a. It is a required financial statement. b. It is a financial statement that can be used in place of the income statement. c. It is a numerical list of all accounts used by a company. d. It is a tool used to prove the equality of debits and credits in the general ledger.
When plant assets are reported, the current period's depreciation expense is subtracted from the original cost on the balance sheet
a. True b. False Indicate whether the statement is true or false
Most businesses in the United States are:
A) sole proprietorships. B) partnerships. C) corporations. D) separate entities.
The notion of the "long tail" is most aptly applied to sales in which industry?
A. Athletic shoes B. Movies and music C. Flower bouquets D. Magazine subscriptions E. None of the Above