A retailer places impulse goods in high-traffic locations and specific-intent goods in low-traffic locations in a market-segment product grouping

Indicate whether the statement is true or false


False

Business

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In preparing the April bank reconciliation for Oscar Company, it was discovered that on April 10 a check was written to pay delivery expense of $45 but the check was erroneously recorded as $54 in the company's books. Which of the following journal entries would correct this error?

A.

Cash54 
Delivery expense 54

B.
Delivery expense45 
Cash 45

C.
Delivery expense9 
Cash 9

D.
Cash9 
Delivery expense 9

Business

A potential entrepreneur needs to realize that

a. there are no principles of innovation. b. principles of innovation can be learned. c. monetary gain is the principal motivator in all innovation. d. profitability is the ultimate key to success.

Business

It is a good idea to start saving for retirement as early as possible to take advantage of compounding returns on your savings

Indicate whether this statement is true or false.

Business

As a new manager in an organization, why would you be interested in organizational politics? Identify one strategy you could use to grow your influence and describe how that would manifest in your role.

What will be an ideal response?

Business