Explain the "dual-track" accounting system used by federal agencies and why it is needed.
What will be an ideal response?
Federal government agencies' accounting systems are intended to facilitate the collection of information on the cost of agency activities to facilitate agency management as well as providing evidence of adherence to legal budgetary requirements. As illustrated in Chapter 17, federal agency accounting systems utilize a "dual-track" system-a proprietary track to provide information for agency management and a budgetary track to (1) ensure that available budgetary resources and authority are not overexpended or overobligated, and (2) to facilitate standardized budgetary reporting requirements.
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The last step in the seven-step marketing segmentation process would be to develop a marketing-mix strategy reflective of segment positioning strategies
Indicate whether the statement is true or false
Exclamation marks are sometimes called ___________________
a. exclamation signs b. exclamation ticks c. exclamation points d. exclamation tags
Which of the following is a characteristic of formal reports??
A) ?Formal reports are written in natural language. B) ?Formal reports include personal pronouns. C) ?Formal reports contain much detail. D) ?Formal reports are subjective.
A product is introduced into a market, gains the acceptance of a fickle public, and finally is supplanted by a new and improved offering. This phenomenon is known as the:
A) Product life cycle. B) Rule of 80. C) Mendoza line. D) Beta.