Consumer's expectations of doing new things with varied kinds of information in ways that create value have resulted in the emergence of__________
Fill in the blanks with correct word.
ANSWER: on-demand marketing
Consumer's expectations of doing new things with varied kinds of information in ways that create value have resulted in the emergence of on-demand marketing.
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What is the difference between functional conflict and dysfunctional conflict on a project? Provide real examples of each.
Fill in the blank(s) with the appropriate word(s).
In an audit where there is a heightened risk of fraud related to inventory, the auditor may want to observe all inventory locations simultaneously
a. True b. False Indicate whether the statement is true or false
Which of the following is/are not true regarding the classification of redeemable preferred shares on the balance sheet?
a. The classification of redeemable preferred shares on the balance sheet depends on the conditions for redemption. b. If only the issuing firm has the option to redeem, then the preferred shares are part of its shareholders' equity. c. If the issuing firm must redeem the preferred shares (so-called "mandatory redemption"), either at a specified time or upon a specified condition certain to occur, the issuing firm treats the preferred shares as its shareholders' equity. d. If the preferred shareholders have the option to require redemption, then the preferred shares appear between liabilities and shareholders' equity under U.S. GAAP. e. If the preferred shareholders have the option to require redemption, then the preferred shares appear between liabilities and shareholders' equity under IFRS.
A patent was purchased from a competitor for $50,000 cash on January 1 of this year. The patent has 10 years remaining in its legal life and will have value to the company for 4 years. The amortization entry for the year will require a credit to the Patent account for:
a. $12,500 b. $10,000 c. $5,000 d. $2,941 e. $1,250