A ________ is a good, service, idea, place, or person–whatever is offered for sale in the exchange
A) product
B) place
C) utility
D) benefit
E) demand
A
You might also like to view...
A schedule of accounts receivable is prepared
a. to verify that the sum of the accounts receivable ledger balances equals the Accounts Receivable balance; b. to report customer transactions for the month; c. to report the completion of all collections for the month; d. for all of these reasons; e. for none of these reasons.
A contingency was evaluated at year-end. Management felt it was probable that this would become an actual liability and the amount could be reasonably estimated. If this was not reported on the balance sheet or in the notes to the financial statements, what is the effect on the financial reporting of the company?
A) There would be no effect. B) The liabilities on the balance sheet would be understated. C) The information about the transaction would be inadequately disclosed in the notes. D) The net income of the company would be understated.
A full, deep grip in a handshake most likely communicates:
A) fearfulness B) discomfort C) dominance D) friendship E) antagonism
A patent lasts for the same period of time as a copyright
a. True b. False Indicate whether the statement is true or false