________ is the single most important segmentation variable and indicator of market potential for most consumer and industrial products

A) Population size
B) Gender
C) National income
D) Age


C

Business

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The FASB standards do not have a specific rule that requires residual value and asset life to be reviewed annually for property, plant, and equipment

a. True b. False Indicate whether the statement is true or false

Business

At the Mi-T-Hi Skydiving School, before a new student takes their first jump, the student must meet alone with the instructor. During this meeting the instructor explains to the student that there is no penalty if they drop out. The instructor also wants to get assurance from the student that he or she was not being pressured into taking the class. Which requirement of the assumption of the risk defense might this procedure help prove if there was a trial?

A. that the student had knowledge of the specific risk involved B. that the student understands the procedures for a tandem jump C. that the student had adequate life insurance D. that the student voluntarily assumed the risk involved

Business

Which of the following is true with regard to push and pull systems?

a. Push systems are systems in which services or products are produced based on forecasts. b. In pull systems, the product or service is produced because its production is mandated by a central planning organization. c. In pull systems, the product or service is regulated by a government agency. d. In push systems, inventory is completely eliminated.

Business

A contract is substantially performed when performance creates substan-tially the same benefits as those promised in the contract

Indicate whether the statement is true or false

Business