What determines whether the sales forecasting process is direct or indirect?
A. the industry orientation of the firm
B. the nature of the predicting variable
C. the ultimate goal of the entrepreneur
D. the marketing philosophy of the company
Answer: B
You might also like to view...
A ________ is a retail firm owned by its customers. Members contribute money to open their
own store, vote on its policies, elect a group to manage it, and receive dividends. A) retailer cooperative B) voluntary chain C) consumer cooperative D) merchandising conglomerate E) franchise organization
Assume that the balance of accounts payable does not change during a period. When preparing a statement of cash flows, an increase in ending inventory over beginning inventory will result in an adjustment to net income under the indirect approach because
a. the amount of cost of goods sold is equal to the amount of cash paid for purchases. b. consumed inventory is an expense but not a use of funds. c. the amount of cost of goods sold on an accrual basis is less than the amount of cash paid for purchases of inventory. d. the amount of cash paid for purchases of inventory is less than the amount of cost of goods sold on an accrual basis.
Which of the following represents normal cost measurement?
A) Actual Direct Materials + Actual Direct Labor + Actual Overhead B) Actual Direct Materials + Actual Direct Labor + Estimated Overhead C) Estimated Direct Materials + Estimated Direct Labor + Actual Overhead D) Actual Direct Materials + Estimated Direct Labor + Estimated Overhead
All state court systems have both _____ courts and appellate courts of review
Fill in the blanks with correct word