In a manual payroll system,
a. the same information needs to be recorded
several times; b. the total amount credited to Wages and Salaries Expense
is less than under an electronic payroll system because the manual system is less expensive; c. accounting for payroll is more efficient than in an
electronic payroll system; d. the reported information is more accurate than in an electronic payroll system; e. none of these statements are true.
A
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Which of the following statements regarding customer satisfaction is true?
A) Very satisfied customers usually switch back and forth with competitors' products. B) Over 90 percent of dissatisfied customers lodge complaints. C) Very satisfied customers often buy higher margin products and extra services. D) Dissatisfied customers who complain cannot usually be retained. E) Satisfied customers are very loyal and buy in relatively large amounts.
When a major moving van company sells accessory products (boxes, bubblewrap, etc.) that must be used in moving a household's furniture, the company is practicing captive pricing
Indicate whether the statement is true or false
List four guidelines to consider when constructing a line chart
One well-known corporate raider of restaurant companies visits several of the company's establishments, thoroughly reviews their menus, visually surveys the customers at the establishment, orders food and times how long it takes to arrive, then buys up controlling shares of stock in the company. Once he has a controlling interest in the company, he reduces the menu offerings, eliminating dishes that require long preparation time due to complicated recipes or multiple ingredients, eliminates menu items that require a long time to plate due to side dishes, and streamlines the operations. When the company's stock raises due to increased profitability, he sells his stock at a profit. When the corporate raider eliminates menu items, what is his goal?
A. Increasing product demand B. Improving the product design C. Increasing production capacity D. Streamlining the product line