?The marketing concept is a philanthropic philosophy aimed at helping customers at the expense of the business organization.
Answer the following statement true (T) or false (F)
False
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Of the following, which medium is the least rich?
A. e-mail B. instant messaging on the Internet C. flier on a bulletin board D. handwritten note E. conference telephone call
When a company discounts an interest-bearing note at a bank with recourse:
a. The company is assured payment at maturity. b. The company will receive the full amount of the note plus interest. c. The company has a contingent liability from the time the note is discounted until its maturity date. d. The bank assumes the credit risk on non-payment at the maturity date.
The margin of dumping is calculated as
a. difference between the local market value and the U.S. price. b. difference between the foreign market value and the U.S. price. c. difference between the U.S. market value and the foreign price. d. difference between the foreign market value and the foreign price.
Which of the following is the international body that sets standards for the practice of internal auditing across the world?
a. The Internal Audit Reporting Standards Board. b. The Institute of Internal Auditors. c. The International Accounting Standards Board. d. The Charter of Certified Internal Auditors.