In the late 1970s and 1980s, the United States occupied the dominant economic position in the world.
Answer the following statement true (T) or false (F)
False
In the late 1970s and early 1980s, the nation was in economic turmoil as many of the large firms that had grown to dominate the U.S. economy were having difficulty, owing to global competition. The Japanese were in the dominant economic position in the world, and the widely discussed fear was that the United States was in decline much as Britain had been 100 years earlier.
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Which of the following accounts is not classified as a selling expense on the income statement?
a. Freight-out expense b. Advertising expense c. Sales salaries expense d. Interest expense
The ideas presented in a document conveys the most important information to readers should be structured in a natural but emphatic sequence that _______________
a. at the most critical times b. when they think they need it least c. at the end of the document d. whenever
Which of the following is an effective device for gaining attention in a persuasive message?
a. A personal experience b. A startling announcement c. A gift or product sample d. All of the above are effective devices.
When a firm sets aside funds periodically to pay off bonds by their maturity date, the account is known as a/an:
a. debt fund b. bond fund c. trustee d. equity fund e. sinking fund