___________ are acquired talents that a person develops related to specific tasks.
a. Skills
b. Abilities
c. Personality
d. Values
a. Skills
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Market testing is an example of this type of sales forecasting method
A) judgement method B) time-series method C) counting method D) causal method
A vertical audit is often referred to as a "retailing mix" audit
Indicate whether the statement is true or false
Which of the following is a true statement with regard to Maslow's hierarchy of needs?
A. All needs can be categorized into seven basic categories. B. The higher level needs are not important until the lower level needs have been satisfied. C. The higher level needs are easier to achieve than are the lower level needs. D. Of all the needs, self-actualization is the easiest to achieve.
[The following information applies to the questions displayed below.] Sanchez Company engaged in the following transactions during Year 1: 1) Started the business by issuing $42,000 of common stock for cash. 2) The company paid cash to purchase $26,400 of inventory. 3) The company sold inventory that cost $16,000 for $30,600 cash. 4) Operating expenses incurred and paid during the year, $14,000. Sanchez Company engaged in the following transactions during Year 2: 1) The company paid cash to purchase $35,200 of inventory. 2) The company sold inventory that cost $32,800 for $57,000 cash. 3) Operating expenses incurred and paid during the year, $18,000. Note: Sanchez uses the perpetual inventory system.What is the amount of retained earnings that will be shown on the balance
sheet at December 31, Year 2? A. $26,000 B. $6,200 C. $6,800 D. $38,800