With the shortage of skilled job applicants some small businesses are turning to cross-training to make their employees more versatile and keep them more satisfied.

Answer the following statement true (T) or false (F)


True

Business

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A ________ is the way consumers perceive an actual or potential product

A) product idea B) product concept C) product image D) brand personality E) concept test

Business

Debit entries are used to:

A) increase asset accounts. B) increase revenue accounts. C) increase liability accounts. D) increase stockholders' equity.

Business

The entry to write off an account receivable under the allowance method will ________

A) reduce net income B) have no effect on net income C) increase total assets D) increase net income

Business

If your portfolio currently consists of common stock in three companies, you could increase your diversification by all of the following except

A) selling one of the companies and putting the money in a bond. B) selling one of the companies and putting the money in a REIT. C) buying another stock. D) selling one of the companies and putting the money in the other two.

Business