Because plant and equipment are reported as long-term assets on the balance sheet, they have no impact on net income for the period until they are sold
a. True
b. False
Indicate whether the statement is true or false
False
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The first ________ is critical to the early functioning of the project team. It sets the tone for how the team will work together.
Fill in the blank(s) with the appropriate word(s).
An internal issue to be considered when setting a price is
a. whether the process is labor-intensive or automated. b. the customer's preferences for quality versus price. c. current prices of competing products or services. d. the life of the product or service.
Firms that need cash for long-term purposes, such as acquiring buildings and equipment or financing a business acquisition, and that wish to use debt as a means of obtaining cash, will
a. borrow from commercial banks. b. borrow from insurance companies. c. borrow from financial institutions. d. issue bonds in the capital markets. e. all of the above
Quizno's is conducting a contest in which customers are asked to name a new sandwich. The winner gets a free sandwich each day for one year and an appearance in one of the company's TV commercials. This contest illustrates Quizno's use of the ____ elements of the promotion mix.
A. advertising B. personal selling C. sales promotion D. public relations E. telemarketing