The seller might offer a(n) ________ to a buyer that is not satisfied with the goods received.

What will be an ideal response?


allowance

Business

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The U.S. insurance industry data reveal that:

A) there is an awareness of the importance of giving quick answers to customers. B) although improving, there are still significant opportunities to exceed customer expectations with better responsiveness. C) responsiveness to customer inquiries is improving. D) All of the above.

Business

Identifying competitive advantages can be difficult, which explains why most competitive advantages are typically

A. satisfactory. B. unsuccessful. C. temporary. D. terminated.

Business

A(n) __________ requires estimating inventory balances during the year for interim financial statements and a formal count of all inventory items at the end of the year

a. periodic inventory system b. inventory control account c. perpetual inventory system d. inventory cost method

Business

Which financial statements are required for proprietary funds?

A. Statement of Net Position; Statement of Revenues, Expenses, and Changes in fund Net Position; Statement of Cash Flows. B. Budgetary comparison schedule; Statement of revenues, expenditures, and changes in fund balance; Statement of Net Position. C. Statement of Net Position; Statement of Revenues, Expenses, and Changes in fund net position. D. Statement of Net Position; Statement of revenues, expenditures, and changes in fund balances; Statement of Cash Flows.

Business