Market segmentation produces relatively homogenous groups of consumers called
A. consumer targets.
B. consumer clusters.
C. market segments.
D. consumer segments.
E. market sectors.
Answer: C
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In a journal entry, assets are always recorded before liabilities
Indicate whether the statement is true or false
The special account used only in the closing process to temporarily hold the amounts of revenues and expenses before the net difference is added to (or subtracted from) the retained earnings account is the:
A. Nominal account. B. Contra account. C. Income Summary account. D. Closing account. E. Balance column account.
Which of the following is not a critical dimension for successful implementation of TQM in a service context?
a. information and analysis system b. customer focus c. human resource management d. employee satisfaction e. decision centralization
Salaries of $6,400 are paid for a five-day week on Friday. Prepare the adjusting journal entry that is required if the month ends on Thursday