Which of the following marketing orientations holds that achieving organizational goals depends on knowing the needs and wants of target markets and delivering the desired satisfactions better than competitors do?
A) the product concept
B) the production concept
C) the selling concept
D) the marketing concept
E) the societal marketing concept
D
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The accrual basis of accounting requires revenue be recorded when cash is received from customers
Indicate whether the statement is true or false
Madison was married at the time of her death and her gross estate consisted of $22 million in stock and bonds. Madison left all of her property to her spouse. What is the result?
A. Madison's taxable estate will be zero. B. Madison's surviving spouse will have an income tax basis in the inherited property of zero. C. Madison's estate will have a tentative estate tax of zero. D. Madison's adjusted gross estate will be zero. E. None of the choices are correct.
Trevor goes to the AutoShop and purchases a new truck on credit for his business. He signs an agreement with AutoShop under which the truck is the collateral for AutoShop's loan to him. Trevor then goes to First Bank and signs an agreement for a loan so that he can buy supplies for his business. Do either of these agreements involve a purchase-money security interest?
A. Neither of the agreements involved a purchase-money security interest. B. The agreement with First Bank is a purchase-money security interest. C. The agreement with AutoShop is a purchase-money security interest. D. The agreement with AutoShop is a primary purchase-money security interest and the agreement with First Bank is a secondary purchase-money security interest. E. Both agreements are a purchase-money security interest.
The Black model's accuracy in pricing interest rate options is greatest when the options have short maturities
Indicate whether the statement is true or false