Psychographic segmentation involves grouping people in terms of their:
A) combined household income.
B) age and income.
C) attitudes, values, and lifestyle.
D) psychological well being.
E) gender.
C
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What journal entry format is appropriate if sales returns and allowances occur on factored accounts?
A. Sales Returns and Allowances XX Receivable from Factor XX B. Receivable from Factor XX Factoring Expense XX C. Sales Returns and Allowances XX Factoring Expense XX D. Factoring Expense XX Sales Returns and Allowances XX
Conference Hotel Changes You manage a large hotel that is used by organizations and businesses for meetings and conferences. A recent storm has damaged part of your hotel, which means that you have fewer rooms available for meetings. You now have nearly
20 percent fewer guest rooms for conference participants and four less meeting rooms for smaller sessions. You estimate that room repairs will take nearly a month, but the Association of Intercultural Studies is scheduled to arrive for a three-day conference in two weeks and has booked all the rooms. Now there are not enough rooms for the conference. Required: As manager of the hotel, write a letter to the meeting manager for the association. Tell the manager the bad news regarding the damage to the rooms and provide an alternative of using rooms at a nearby hotel.
The type of bankruptcy proceeding most commonly used by corporate debtors is the Chapter 11 reaffirmation
Indicate whether the statement is true or false
Pizza Now!, a delivery, dine-in, or takeout restaurant, buys a delivery vehicle on credit from Quality Auto & Truck Dealers Corporation, but does not make a payment on the loan for sev¬eral months. Quality Auto repossesses the vehicle by towing it from a pub¬lic street. Pizza Now! suesQuality Auto for breach of the peace. Pizza Now! will probably
a. not prevail, because Quality Auto did not use judicial process. b. not prevail, because the repossession was not a breach of the peace. c. prevail, because Pizza Now! did not default on the loan. d. prevail, because the repossession was a breach of the peace.