When posting from special journals, each individual debit and credit entry of similar transactions is entered in the general ledger.
Answer the following statement true (T) or false (F)
False
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A typical marketing planning horizon is:
A) one month. B) six months. C) one year. D) five years.
Managerial accounting is different from financial accounting in that:
A. Managerial accounting never includes nonmonetary information. B. Managerial accounting includes many projections and estimates whereas financial accounting has a minimum of predictions. C. Managerial accounting is mainly used to set stock prices. D. Managerial accounting is more focused on the organization as a whole and financial accounting is more focused on subdivisions of the organization. E. Managerial accounting is used extensively by investors, whereas financial accounting is used only by creditors.
Employees judge the fairness or equity of their pay by comparing it to that for other jobs at their own employer but not to that for jobs at other employers.
Answer the following statement true (T) or false (F)
In monopolistic competition, managers sometimes try to differentiate very similar products by relying on promotion or other elements of the marketing mix.
Answer the following statement true (T) or false (F)