Which of the following statements about the family life cycle is most accurate?

A. The most financially secure group of any family life cycle stage is single parents with children.
B. Young singles represent a target market for recreational travel, automobiles, and consumer electronics.
C. Single divorcees are more likely to buy life insurance than any other group.
D. Income and gender are two of the variables considered in the family life cycle.
E. The majority of households today are composed of traditional families.


Answer: B

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A salesperson's sales manager exerts strong influence on whether the sales rep acts ethically or not. A sales manager may not even be aware of the influence she wields or the effect her words or management techniques have on her employees

Of the following actions by a sales manager, which one could most easily be construed by an employee as a directive to use unethical conduct? A) offering an incentive or prize to salespeople who meet or exceed their quotas B) sending an email to the entire department whenever a sales rep closes a sale C) telling sales teams that they need to hit their quotas no matter what it takes D) modifying sales territories to ensure that key accounts are actively monitored E) contacting key accounts to let them know the company stands behind its product

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Distinguishing between employees and independent contractors is important because:

a. income tax must be withheld for employees, but not independent contractors b. employers have fewer legal obligations to independent contractors c. employers can defend their actions under employment laws by proving that persons performing work are independent contractors d. all of the above e. none of the above

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Paying for one year of rent in advance causes one asset to increase and another asset to decrease, so there is no effect on the accounting equation.

Answer the following statement true (T) or false (F)

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A line of business is an organization unit that conducts business activities with common customers, products, and market characteristics

Indicate whether the statement is true or false

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