External users of accounting information include all of the following except:
A. Purchasing managers.
B. Customers.
C. Creditors.
D. Shareholders.
E. Government regulators.
Answer: A
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The concept of a marketing mix was originally discussed in the 1950s and included the 4 Ps as the classification of the marketing mix
Indicate whether the statement is true or false
Wilson Company's 2011 income statement reports depreciation expense of $25,000 . On the statement of cash flows for 2011 prepared using the direct method, depreciation:
a. would be shown as a deduction under the operating activities. b. would be shown as an addition under the operating activities. c. would be shown as an addition under the financing activities. d. would be ignored. e. would be shown as a deduction under the investing activities.
Larkan & Tokodo is a financial institution that sells shares to investors. The funds resulting from the investments are pooled and then invested in large corporate stocks, corporate bonds, government securities, or other assets. Jeremy, a capitalist, invests in Larkan & Tokodo. In this case, Jeremy has invested in a _____.
A. mutual fund B. credit union C. commercial bank D. savings and loan association
Some objectives of sales promotion targeting a customer in tourism and hospitality might be to:
a. sell excess capacity as delivery date approaches b. attract and reward regular and loyal customers c. promote sampling of new products d. all of the above