A significant aspect to direct marketing is the development and maintenance of a customer data base
Indicate whether the statement is true or false
True
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The purchasing department buys office supplies on a routine basis from a pre-approved list of suppliers. This type of purchase is classified as a ________
A) straight rebuy B) modified rebuy C) new task D) secondary purchase E) procure-to-pay
The information and communication component of internal control includes which of the following?
a. The organization deploys control activities through policies that establish what is expected and in procedures that put policies into action. b. The organization obtains or generates and uses relevant, quality information to support the functioning of other components of internal control. c. The organization identifies and assesses changes that could significantly impact the system of internal control. d. All of the above.
What do the letters ‘R,' ‘E,' and ‘A' stand for in the term "REA model"?
A limitation of the internal rate of return method is that it:
A. Does not consider the time value of money. B. Lacks ability to compare dissimilar projects. C. Measures results in years. D. Ignores varying risks over the life of a project. E. Measures net income rather than cash flows.