What is the marketing term for people, whether they are 80 years or 8 months old, who use products and services purchased for a household?
A. household prospects
B. primary buyers
C. situational buyers
D. a target market
E. ultimate consumers
Answer: E
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The difference between the reported income under absorption and variable costing is attributable to the difference in the
a. income statement formats. b. treatment of fixed manufacturing overhead. c. treatment of variable manufacturing overhead. d. treatment of variable selling, general, and administrative expenses.
The outright sale of receivables by firms to financial organizations is called factoring.
Answer the following statement true (T) or false (F)
Credit departments are normally found in
A) most retail firms. B) most manufacturing firms. C) most wholesale firms. D) A and B above. E) B and C above.
Which of the following observations is(are) consistent with the acquisition method of accounting for business combinations?I. Expenses related to the business combination are expensed. II. Stock issue costs are treated as a reduction in the issue price. III. All merger and stock issue costs are expensed. IV. No goodwill is ever recorded.
A. IV B. I and II C. I, II, and IV D. III