Targeting defines the position of a product or a company in the minds of customers
Indicate whether the statement is true or false
FALSE
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A company wants to decrease its $200 petty cash fund to $175. The entry to reduce the fund is:
A. Debit to Cash $25; credit Petty Cash $25. B. Debit Petty Cash for $175; debit Cash Over and Short $25; credit Cash $200. C. Debit Petty Cash $25; credit Cash $25. D. Debit Cash Over and Short for $25; credit Petty Cash $25. E. Debit Miscellaneous Expenses $25; credit Cash $25.
A life insurance contract is a third party beneficiary contract involving a donee beneficiary.
Answer the following statement true (T) or false (F)
According to Table M7-3, which is the final simplex tableau for a problem with two variables and two constraints, the 0.667 in the X1 column means that
A) to produce 1 unit of X1, 0.667 units of X2 must be given up. B) to produce 1 unit of X2, 0.667 units of X1 must be given up. C) if 1 unit of X1 is produced, profits on X2 will decrease by 0.667. D) if 1 unit of X1 is produced, profits on X2 will increase by 0.667. E) None of the above
Which of the following statements about the metric system is true?
A) The metric system is used in very few countries in the world. B) It is easy to convert metric measurements because the metric system is a decimal system. C) It is difficult to convert metric measurements because it involves looking up conversion factors. D) none of the above