Marketing channels create four types of utility for consumers including
A. place, time, possession, and form.
B. location, form, availability, and suitability.
C. form, time, location, and promotion.
D. marketer, retailer, wholesaler, and producer.
E. position, price, possession, and place.
Answer: A
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Which one of the following items would be added to the balance per books in a bank reconciliation?
a. Outstanding checks b. Deposit in transit c. Service charges d. Interest on customer note
Which of the following methods is not an appropriate method for estimating bad debt expense for companies whose uncollectible accounts are material?
A) percentage of net credit sales B) percentage of outstanding accounts receivable C) aging of accounts receivable D) direct write-off method
What is the bullwhip effect?
A. Uses advanced mathematical algorithms to improve the flow and efficiency of the supply chain while reducing inventory. B. Occurs when distorted product-demand information ripples from one partner to the next throughout the supply chain. C. Ensures supply chain cohesion by automating the different activities of the supply chain. D. Views all areas up and down the supply chain in real time.
The indentures for publicly traded bonds are approved by:
A. the state government. B. the Securities and Exchange Commission. C. the federal government. D. the Public Company Accounting Oversight Board. E. the local government.