Which of the following statements is not true when describing the size of trade area?
A. A retailer like Starbucks has a large trade area.
B. Category specialists have relatively large trade areas.
C. Convenience stores' trade areas are relatively small.
D. A retailer like Best Buy has large trade areas.
E. A retailer like IKEA has large trade areas.
Answer: A
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We are each born with a unique culture.
Answer the following statement true (T) or false (F)
The quote, "This and other considerations have convinced us that if we resort to political action at all, we must keep clear of entangling alliances. With a distinct workingman's party in the field, there can be no distrust, no want of confidence" can be attributed to the leader of which of the following unions?
A. The Industrial Workers of the World. B. The American Federation of Labor. C. The Knights of Labor. D. The National Labor Union.
Ingram Office Supplies, Inc., buys on terms of 2/15, net 50 days. It does not take discounts, and it typically pays on time, 50 days after the invoice date. Net purchases amount to $800,000 per year. On average, what is the dollar amount of costly trade credit (total credit - free credit) the firm receives during the year? (Assume a 365-day year, and note that purchases are net of discounts.) Do not round intermediate calculations.
A. $91,288 B. $76,712 C. $83,616 D. $79,781 E. $93,589
Which of the following could give rise to an accountant's criminal liability?
A) Falsely completing a tax return B) Tampering with accounting records C) Advising a client to falsely complete his own tax return D) All of these could subject an accountant to criminal liability.