A purchases journal is a special journal used to record cash purchases of merchandise
Indicate whether the statement is true or false
F
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Which of the following statements is true about the current consumers in the United States?
a. They emphasize price more than product quality. b. They seldom register brand names. c. They give importance to durability of products. d. They tend to choose products that are expensive.
The ingredients of the marketing mix are used to:
a. demonstrate the expertise of the marketing department b. meet product display requirements c. encourage in-house support of marketing activities d. fulfill trade show commitments e. reach the target market
Jessica is very proud of herself for having $5,000 in her savings account that pays 4 percent interest. She currently has a balance of $2,300 on her credit card account that charges 21 percent interest
Jessica thinks she is making a wise financial decision by keeping her money in her savings account instead of paying off her credit card balance. What financial principle from Chapter 1 would you use to give her good advice? A) Mind games, financial personality, and your money B) The time value of money C) Taxes affect personal financial decisions. D) Both A and C
What is true of statutory law? A) It may be interpreted by the judicial system
B) It only occurs at the federal level of government. C) It must be ratified by the states. D) It can provide equitable remedies in certain cases.