Consumers who send it 10 UPC symbols as proof of purchase of Chip Ahoy cookies will receive a children's classic DVD. The DVD is an example of a:

A. loyalty incentive
B. trade sample
C. premium
D. trade product
E. product placement


Answer: C

Business

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The Allowance for Bad Debts account ________.

A) is a liability account B) holds the pool of "unknown" uncollectible accounts C) increases with a debit D) is added to accounts receivable

Business

Which of the following is an essential element in adapting your résumé to each position being applied for?

A) List all skills and abilities possible. B) List references that can support your claims. C) Use the same terminology as the employer uses to describe accomplishments. D) Use standard language that will generate results when on an applicant tracking system. E) Use visual elements to highlight areas of interest to the employer.

Business

Rockville Company makes a $1,200 purchase of merchandise inventory on account. This transaction will be recorded in the ________.

A) cash payments journal B) sales journal C) cash receipts journal D) purchases journal

Business

For an organization to stay in business, its selling price must

A) be competitive and acceptable to customers. B) recover all the costs incurred in bringing the product or service to market. C) return a profit. D) cover all of these options.

Business