Recordkeeping for the modified cash basis of accounting is identical to that for the cash basis of accounting
Indicate whether the statement is true or false
F
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In the personal selling process, a telemarketer for a life insurance firm who calls and asks the head of the household, "If you were to die tomorrow, would your family be cared for?" is engaged in ________.
A. closing the sale B. prospecting C. stimulus-response selling D. creating a preapproach E. order taking
________ refers to the design of an environment by stimulation of the five senses.
A. Terraforming B. Showrooming C. Ecoscaping D. Atmospherics E. Arboriculture
On January 1, 2017, Dennis Supply purchased equipment for $60,000 cash, expecting it to remain in service for six years. The equipment is depreciated using the straight-line method with $2,000 estimated residual value. On April 30, 2019, the equipment was sold for $48,000 cash. Record depreciation expense for 2019 and the sale of the equipment on April 30, 2019. (Round all intermediate calculations to two decimal places. Round final numbers to nearest dollar.) Omit explanations.
What will be an ideal response?
Which one of the following is an example of firms going global due to economies of scale?
a. The company’s home base taxes, wages and infrastructure costs would be cheaper in a third world country b. The company is seeking to create innovations in existing products and learn new ways of doing things c. The company has saturated the market with its products and needs to open new markets to maintain its growth d. The company is too tightly regulated by environmental and health and safety laws