To change a company name in QuickBooks, select the following from My Shortcuts on the Navigation (Icon) Bar:

A. My Company > Edit
B. Home > Edit > Preferences
C. Company > Preferences
D. None of the choices are correct


Answer: A

Business

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Product warranties are an expense of the period in which the product must be repaired or replaced

Indicate whether the statement is true or false

Business

In order to successfully influence public opinion, what is a key skill for public relations practitioners?

A) to anticipate trends in society B) to establish positive relations with the media C) to counsel top management D) to polish the corporate reputation

Business

A salesperson from Company A discovers that salespeople from Company B have been telling customers that Company A's safety records are falsified. The most ethical action a sales manager from Company A can take to remedy the situation is:

A) have Company A's safety records audited and publish the results of the audit on their website, and ask Company A's salespeople to direct customers to them B) tell Company A's salespeople to match the actions of Company B's salespeople by implying that Company B's safety records may be falsified C) file an anonymous complaint with the Attorney General in the state in which both companies operate D) pay a visit to the corporate offices of Company B and threaten Company B's sales managers with a pricing war unless Company B's sales reps stop spreading false rumors E) create a website detailing the safety records of all the companies in the industry so consumers can compare easily

Business

Julia wants her firm's gourmet snacks to be the leading brand in the U.S. market. When adopting a pricing strategy designed to gain market share, she should remember that

A. total value equals total cost minus variable costs leading to price escalation. B. companies can gain market share by offering low-quality products at a high price. C. prestige products need to be competitively priced. D. price wars are the way to become the dominant brand. E. rarely is the lowest-price offering the dominant brand in a market.

Business