A petty cash voucher only needs to include the date, the payee, and a description

Indicate whether the statement is true or false


F

Business

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Which of the following terms refers to the add-on services, such as credit, delivery, installation, and repairs, provided by a marketing channel?

A) service backup B) product accessories C) external products D) product variety E) service extensions

Business

The difference between the observed value of Y and the value predicted by the regression equation is called the ________

A) correlation coefficient B) residual C) standard error D) random error E) total error

Business

Rudy Enterprises currently sells a piece of luggage for $200. An aggressive competitor has announced plans for a similar product that will be sold for $170. Rudy's marketing department believes that if the price is dropped to meet competition, unit sales will increase by 10%. The current cost to manufacture and distribute the luggage is $130, and Rudy has a profit goal of 30% of sales. If Rudy meets competitive selling prices, what must happen to the company's manufacturing and distribution cost?

A. Costs must decrease by $11. B. Costs must decrease by $39. C. Nothing, because the costs are within defined ranges and can actually increase by $23. D. Nothing, because the costs are within defined ranges and can actually increase by $10. E. None of the answers is correct.

Business

The presence of a wide range of variation in qualities or attributes of people or things is called

a. ethnicity b. diversity c. ethics d. discrimination

Business