While some marketing professionals do not favor copytesting, the majority think it is necessary because without it, creativity is stifled

Indicate whether the statement is true or false


FALSE

Business

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Simone has been told that she falls prey to the availability bias in her decision- making. She can guard against making this mistake by ______.

A. making the things that are desired for decision making vivid and very easy to bring to mind B. concentrating on things that are readily available in her memory C. trying to maximize the things that she wants to influence her decision D. increasing the amount of confirming information

Business

Which of the following is NOT true?

a. Business is always changing. b. Business is more complicated now than ever before. c. Business is the exchange of goods, services, or money for mutual benefit. d. People have become more and more dependent on one another. e. Activities in business rarely change now.

Business

The Simkins Corporation uses a job-order costing system. The following activities took place during the month of May:a.Raw materials purchased$40,000b.Raw materials (all direct) used in production$35,000c.Salaries and wages costs:??Direct labor cost$60,000?Indirect labor cost$30,000?Sales salaries$25,000d.Factory utility costs$15,000e.Depreciation on factory equipment$50,000f.Advertising expense$80,000g.Manufacturing overhead is applied at the predetermined rate of 150% of direct labor cost.?h.Cost of Goods Manufactured for the month$180,000i.Cost of Goods Sold for the month$150,000Required:Prepare journal entries to record the information given above. Key your entries by the letters a through i.

What will be an ideal response?

Business

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

The terms entrepreneur and small-business owner are never used interchangeably.

Business