The utility created through the basic marketing activities is known as place utility
Indicate whether the statement is true or false
False
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The ________ form of business organization most limits personal liability for its shareholders.
A. cooperative society B. general partnership C. corporation D. sole proprietorship
NetJets is a company that offers 1/16 or more ownership in a jet plane for a price beginning at $325,000. It gives purchasers privacy, convenience, and flexibility as well as saves them time since the plane is available within four hours unless it's booked by one of the other shareholders. This is most likely an example of
A. a low-involvement purchase that involves limited problem solving. B. a low-involvement purchase that involves extended problem solving. C. a high-involvement purchase that involves extended problem solving. D. a medium-involvement purchase that involves limited problem solving. E. a high-involvement purchase that involves routine problem solving.
Items classified as operating expenses reflect management's judgment that the item is a cost of the core business
Indicate whether the statement is true or false
The bank statement reveals an EFT payment made to one of the company's suppliers that has not yet been recorded in the ledger. How would this information be included on the bank reconciliation?
A) an addition on the bank side B) a deduction on the bank side C) a deduction on the book side D) an addition on the book side