A contract requires an offer and an acceptance

Indicate whether the statement is true or false


TRUE

Business

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Common-size statements:

A. Do not emphasize the relative importance of each item. B. Reveal changes in the relative importance of each financial statement item to a base amount. C. Reveal patterns in data across successive periods. D. Show the dollar amount of change for financial statement items. E. Compare financial statements over time.

Business

Coupons, samples, and point-of-purchase materials are examples of

A. advertising. B. sales promotion. C. publicity. D. specialty services. E. personal selling.

Business

Under a standard cost system, the journal entry to record direct labor includes ________

A) a debit for standard direct labor quantity for actual production times standard direct labor cost per hour B) a credit for standard quantity usage for actual production times actual cost per hour C) a debit for actual quantity times standard cost per hour D) a credit for standard quantity for actual production times standard cost per hour

Business

Media allocation, retail outlets, and price are among the easiest marketing mix variables to standardize.

Answer the following statement true (T) or false (F)

Business