The expenditure incurred for product-related advertising and promotion is an example of direct fixed costs

Indicate whether the statement is true or false


TRUE

Business

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Mergers and acquisitions are associated with which grand strategy?

a. stability b. combination c. turnaround and retrenchment d. growth

Business

While in his sales presentation, Lucas encountered an objection from the customer before finishing his presentation. Lucas responded by telling the customer that he would address his point in a few minutes and continued on with his presentation. This technique for overcoming objections is called ________.  

Fill in the blank(s) with the appropriate word(s).

Business

Tony died on April 5, 2019. As part of his will, he leaves land that he paid $6,000 for in 2004 to his son Philip. On April 5, 2019, the land is worth $11,000. However, because of the local real estate conditions, the land continues to decline in value. On July 28, it is worth only $10,000; it declines further to $9,000 on October 5 and plunges to $7,000 on December 18. In the absence of any special elections, I.Philip's basis in the land is $6,000.II.if the executor distributes the land to Philip on July 28, Philip's basis in the land will be $10,000.?

A. Only statement I is correct. B. Only statement II is correct. C. Both statements are correct. D. None of the statements are correct.

Business

Viruses and security attacks have decreased consistently each year.

Answer the following statement true (T) or false (F)

Business