PerfectSweatShirt Company makes and sells a high-end hoodie sweatshirt through an online website. After a recent order, Jane received a discount code she could give to a friend. She sent the code to her friend Amy, and when Amy used the discount code, Jane received a five-dollar credit on a future purchase. PerfectSweatShirt is using a(n)
A. owned media system.
B. viral management technique.
C. referral program.
D. advertising allowance.
E. product promotion activity.
Answer: C
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Which statement best describes a card-check provision?
A. It is a formal and binding pledge by the employer not to oppose organizing efforts elsewhere in the company. B. It is a formal and binding pledge by at least 51 percent of employees to not unionize. C. It is an arrangement that allows the employer, on behalf of the union, to automatically deduct union dues from the employees' paychecks. D. It is an alternative form of union membership in which members receive discounts on insurance and credit cards rather than representation in collective bargaining. E. It is an agreement that if a certain percentage of employees sign an authorization card, the employer will recognize their union representation.
Assume that on December 1, a $3,000, 90-day, 10 percent note receivable was received from a customer as an extension of his of past – due account. The entry that would be made to record the note is:
a. Notes receivable 3,000 Cash 3,000 b. Notes receivable 3,000 Interest Income account 3,000 c. Notes receivable 3,000 Accounts receivable 3,000 d. Cash 3,000 Accounts receivable 3,000
Preferred stock normally has no voting rights. However, most preferred issues stipulate that the preferred stockholders can elect a minority number of the directors if the preferred dividend is omitted.
Answer the following statement true (T) or false (F)
Keltica, a country in Asia, enjoyed a period of great economic boom in the 1980s. The country had robust economic growth, high employment, and abundant business investments during this period. In the context of the business cycle, the economy of Keltica was in _____ during the 1980s.
A. a depression B. the contraction phase C. a recession D. the expansion phase