"Increasing market share" and "increasing profit" is a poor objective because:
A) it is too challenging.
B) it is not stated in quantitative terms.
C) it doesn't mention quality.
D) it doesn't assign responsibility.
B
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The manager of a computer service center knows that quick service is the top priority for customers. Accordingly, the employees are encouraged to solve customer difficulties fast, but there is no set time period for service delivery
Which gap could cause unsuccessful service delivery in this situation?
Accrued interest on bonds that are sold between interest dates
a. is ignored by both the seller and the buyer. b. increases the amount a buyer must pay to acquire the bonds. c. is recorded as a loss on the sale of the bonds. d. decreases the amount a buyer must pay to acquire the bonds.
A credit memorandum appeared on Arthur's September bank statement. How will Arthur treat this amount on the September bank reconciliation?
A) Add it to the company's balance. B) Add it to the bank balance. C) Deduct it from the company's balance. D) Deduct it from the bank balance.
Rainier Importers purchases automotive parts from Austria. Prepare journal entries for the following transactions of Rainier.Oct 1Purchased inventory from Klossner Co. for 12,000 euros, terms n/30. The exchange rate was $1.15 per euro.Oct 30Paid Klossner Co. for the October 1 purchase. The exchange rate was $1.13 per euro.
What will be an ideal response?