A contingent liability is generally disclosed in the notes to the financial statements

Indicate whether the statement is true or false


T

Business

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If 95 percent of an organization’s guests do not fill out comment cards, the organization can assume that these guests had what reaction to the service?

a. happy b. unhappy c. indifferent d. can’t assume anything

Business

Smith Manufacturing Inc expects the following results in year one of a new project:

Revenue $400,000 Cash Expenses 150,000 Depreciation 90,000 EBIT $160,000 Taxes 48,000 Net Income $112,000 The annual change in operating cash flow is equal to A) $160,000. B) $250,000. C) $298,000. D) $202,000.

Business

Which of the following positions in a company is likely to be responsible for determining which target markets should receive the most media emphasis?

A. account executive B. research manager C. market research analyst D. media planner E. brand manager

Business

Which of the following is a technique used to create websites that will conform to the screen resolution of the user?

A) Native design B) Responsive design C) End-user design D) Multi-platform design E) Mobile development

Business