In the organizational pyramid, the ________ structure is the glue that holds the vertical levels together.
A. authority
B. divisional
C. accountability
D. managerial
E. hierarchical
Answer: A
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Advertising elasticity is calculated as the ________
A) absolute change in sales divided by the percent change in advertising expenses B) percent change in sales divided by the percent change in advertising expenses C) absolute change in advertising expenditures divided by the percent change in revenue D) percent change in advertising expenses divided by the percent change in revenue E) percent change in sales minus the percent change in advertising expenditures
Prepaid insurance is an asset because it will provide future benefits
Indicate whether the statement is true or false
The best way to ensure a clear understanding when forming a partnership is to put everything in writing
Indicate whether the statement is true or false
Management would not use the statement of cash flows to
a. assess the liquidity of the business. b. determine dividend policy. c. evaluate the effects of major policy decisions involving investments and financing. d. determine the financial position of the company.