Under ________ pricing, different versions of the product are priced differently but not according to differences in their costs
A) product form
B) optional product
C) captive product
D) by-product
E) seasonal
A
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Answer the following statements true (T) or false (F)
1. If a contingency that is probable can be reasonably estimated, a liability is recorded and an expense is accrued. 2. Only contingencies that are probable and can be estimated are recorded as a liability and an accrued expense. 3. A contingency was evaluated at year-end. Management felt it was probable that this would become an actual liability and the amount could be reasonably estimated. If this is reported on the balance sheet, it could be considered a violation of generally accepted accounting principles. 4. Contingencies that are probable but cannot be estimated are recorded as liabilities and disclosed in the notes to the financial statements. 5. Under IFRS, "probable" is defined as more than a 50% chance.
Answer the following statements true (T) or false (F)
1. Declaring and paying dividends causes an increase in both assets and stockholders' equity of the corporation. 2. Legal capital refers to the portion of stockholders' equity that cannot be used for dividends. 3. If preferred stock is noncumulative, the company is required to pay dividends that were passed in previous years. 4. The declaration date is the date the corporation prepares a journal entry to record that stockholders will receive dividend checks. 5. No journal entry is made on the dividend declaration date.
Glasis is a type of paint made specifically for use on cars. An ad in Motor Trend magazine advising consumers to request their auto body shops to use Glasis paint is an example of how a company uses ________
A) word-of-mouth influence B) public relations C) buzz marketing D) a push strategy E) a pull strategy
Which of the following selects a desired message out of a set of possible messages that may consist of written or spoken words, pictures, music, or combinations of these?
A. sender B. receiver C. channel D. noise