Activity-based budgeting is a budget system based on expected activities and their levels for the budget period, which helps management plan for the resources required.
Answer the following statement true (T) or false (F)
True
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Which of the following statements about misrepresentation is false?
A. To "stay legal" a salesperson needs to understand the difference between general statements of praise and statements of fact. B. When salespeople loosely describe their goods or services in glowing terms, those statements cannot be relied upon by the potential buyer. C. Courts tend to favor salespersons in misrepresentation cases when the customer lacks product knowledge. D. A salesperson's opinion of the quality of the product being sold is known as sales puffery and is not legally actionable. E. When a salesperson makes claims of a "factual nature" regarding a service's inherent capabilities, the law treats these comments as statements of fact and warranties.
List three examples of topics contained in the business proposition segment of a sales presentation for an industrial product.
What will be an ideal response?
A key first step in the analysis of consumers’ consumption chain is:
a. selection b. payment c. search d. awareness of need e. financing
Which of the following is not a key factor in deciding on a location for the business?
A. access to suppliers B. access for customers C. proximity to your accountant D. labor pool