?An expected level of performance against which actual performance can be compared is a
A. ?standard performance.
B. ?standard of excellence.
C. ?step in sales analysis.
D. ?performance standard.
E. ?corrective standard.
Answer: D
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Which of the following does the public expect of auditors?
a. Understand and enforce principles that best portray the spirit of FASB concepts. b. Be neutral to preparers and users of financial information. c. Recognize that the investing public is the primary user of audit services. d. Take responsibility for the discovery of fraud. e. All of the above are expectations of the public.
For location decisions, in contrast to service companies manufacturing firms generally look for ______.
a. revenues b. cost minimization c. volumes sold d. traffic volumes and patterns
Which type of segmentation refers to segmenting markets by age, gender, income, ethnic background, educational attainment, family life cycle, and occupation?
a. Geographic. b. Demographic. c. Psychographic. d. Benefit. e. Behavioral.
A utility patent lasts for 17 years
Indicate whether the statement is true or false