Walmart grants credit to consumers who purchase for personal or family use. This type of credit is called

A. trade credit.
B. personal credit.
C. open credit.
D. consumer credit.


Answer: D

Business

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The net marketing contribution for a firm is the firm's ________

A) profits B) profits - (other operating expenses) C) gross profit - (marketing and sales expenses) D) (all revenues) - (all expenses) E) (sales revenues) - (cost of goods sold)

Business

Data are raw, unorganized facts

Indicate whether the statement is true or false

Business

Explain how a firm benefits from customers purchasing many times from the firm versus just one time

What will be an ideal response?

Business

The internal auditor may review AIS development/acquisition projects to ensure that the process has been efficient and effective and that the acquisition team has followed the organization's standard procedures for systems development/acquisition.

Answer the following statement true (T) or false (F)

Business