The two main classifications of business products are

A. derived and maintenance products.
B. durable and nondurable products.
C. components and support products.
D. consumer and industrial products.
E. tangible and intangible products.


Answer: C

Business

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People for whom technologies already existed when they were born are referred to as ______.

a. millennials b. virtual pioneers c. digital natives d. digital immigrants

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In reconciling a bank statement, the bank balance is $1,500, and the checkbook balance is $2,105. Which of the following is the most probable reason for the checkbook balance being larger than the bank balance?

A) The bank has not cleared certain outstanding checks. B) The bank has added interest revenue to the account balance. C) A deposit in transit was made at the end of the month. D) The bank received an EFT from a customer.

Business

Budgetary slack is an effective motivator for employees, because it reduces employee frustration when goals cannot be achieved

Indicate whether the statement is true or false

Business

The receiver of property under intestacy statutes is known as a(n) ________

A) assignee B) trustee C) beneficiary D) heir

Business