What is a positioning statement?

A. A succinct expression of a product's market position
B. All of these options
C. A detailed description of where the product sits in the market
D. An explanation of how they chose that position


A. A succinct expression of a product's market position

Business

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The use of dollar-value LIFO follows the same methodology as the LIFO method but reduces the record keeping

Indicate whether the statement is true or false

Business

Which of the following methods of accounting for a business combination is based on the premise that no substantive transaction occurs between the companies involved?

a. Pooling of interests b. The purchase method c. The new entity approach d. Proportionate consolidation

Business

After each transaction is posted from the general ledger to the accounts receivable subsidiary ledger a slash and a checkmark should be placed in the:

a. post ref. column. b. credit column. c. date column. d. debit column.

Business

Pay policies indicate the kinds of behaviour an employer seeks. This is a prediction of ________ labour demand theory.

A. human capital B. reservation wage C. compensating differentials D. efficiency wage E. signalling

Business