Adding an Internet sales channel to an existing distribution channel may result in:
a. reduction in cost efficiency
b. gray market activity
c. boost in morale as different channels come together to serve a new customer segment
d. loss of competitive advantage
e. conflict as multiple channels pursue the same customers
E
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If your company or client expects you to distribute your report online,
A) make sure that the file is in the right location. B) deliver hard copies to those who are slow to respond on email. C) indicate in an email when a response is expected. D) verify the onscreen display of the report after you've sent it. E) load visuals in a separate file.
The total assets and the total liabilities of a business at the beginning and at the end of the year appear below. During the year, the owner had withdrawn $60,000 for personal use and had made an additional investment of $45,000 in the business. Assets Liabilities Beginning of year $305,000 $200,000 End of year 365,000 230,000 The amount of net income for the year was
A) $45,000 B) $60,000 C) $75,000 D) $90,000
Under the accrual method, recurring liabilities may be deducted currently and paid in the next period if all of the following are present except for
A. the expense is material. B. economic performance occurs within the shorter of 8 1/2 months after the close of the year or a reasonable period after the close of the year. C. the all-events test is met. D. the expense is recurring.
A sandwich shop uses a three-person process to build a customer’s customized sandwich. One employee takes the customer’s order and begins building the sandwich. A second employee then completes the sandwich building. The third employee then wraps the sandwich and takes the customer’s payment. The employee that takes the longest time to complete his or her task is referred to as the?
a. Order winner b. Stop-gap c. Bottleneck d. Laggard