Which of the following is an example of initial payments that a new small business has to make?

A. Security deposits
B. Bank set-up fees
C. Initial advertising expenses
D. all of these


Answer: D

Business

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A company sold merchandise with a cost of $207 for $370 on account. The seller uses the perpetual inventory system. The entry to record the cost of merchandise sold would include ________.

A) a debit to Sales Revenue and a credit to Cash for $370 B) a debit to Cash and a credit to Sales Revenue for $370 C) a debit to Cost of Goods Sold and a credit to Merchandise Inventory for $207 D) a debit to Merchandise Inventory for $207 and a credit to Cost of Goods Sold for $207

Business

On June 11, Nathan, Inc accepted a $8,000, 7%, 60-day note from a customer. On June 26, the company discounted the note at the bank at 10%. The proceeds amounted to

A) $8,101.17 B) $7,992.16 C) $8,093.33 D) $8,000.00

Business

Which of the following dimensions of job characteristics theory is that the task is one that people experience from beginning to end?

A. skill variety B. task identity C. task significance D. autonomy

Business

The tactics an organization will use to develop products and services for the market would be

covered under the ________ section in the marketing planning outline. A) competitive landscape B) objectives C) strategy D) marketing mix

Business