Estimating total demand is a function of three separate purchase situations, which are ________ purchases.
A. new, repeat, and impulse
B. new, repeat, and replacement
C. new, impulse, and replacement
D. new, ideal, and impulse
E. new, convenient, and impulse
Answer: B
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The purpose of the audit program is to list the audit procedures to be followed in gathering audit evidence and to help those in charge of the audit to monitor the progress and supervise the work
a. True b. False Indicate whether the statement is true or false
A substantive rule generally has an impact on the internal processes by which administrative agencies function or prescribes methods of enforcing rights
Indicate whether the statement is true or false
Carl threw a bomb into the office of his insurance agent, intending to kill the agent because the company had disallowed his claim. The agent wasn't in the building, but the bomb seriously injured his secretary, who was working in the office
a. Carl cannot be liable to the secretary for any torts because he did not intend to hurt her. b. If Carl knew the secretary was in the office, even if he didn't intend to injure her, his intent to harm the agent is transferred to the secretary who can sue Carl for her injuries with an intentional tort cause of action. c. Carl has committed a crime, but he is not liable for any torts. d. Carl has committed the tort of intrusion.
Which of following is a reason for a high-dividend-payout policy?
A) Dividends are generally taxed at a lower rate than capital gains. B) All investors prefer high dividend payments over low dividend payments. C) Cash payments today are preferred over uncertain payments in the future. D) More cash is left in the company for investing in company projects.