Which of the following would be considered a consumer market?
a. individuals who purchase a computer for their family-owned business
b. authors who purchase a computer and use it to write a novel
c. a company that purchases three computers
d. people who purchase computers for their own personal bookkeeping
e. people that purchase computers and then sell them on e-bay
d. people who purchase computers for their own personal bookkeeping
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If a business records revenue when cash is received, records the purchase of a building as an asset, and makes adjustments to allocate the cost of the building over many accounting periods, the business's accounting system is a(n)
a. accrual basis of accounting; b. adjustment basis of accounting; c. cash basis of accounting; d. modified cash basis of accounting; e. commercial basis of accounting
Held-to-maturity securities are always debt securities, and never equity securities
Indicate whether the statement is true or false
______ is a process in which managers and employees jointly set objectives for the employees, periodically evaluate performance, and reward employees according to the results.
A. Narrative method or form B. Critical incidents method C. Management by objectives method D. Behaviorally anchored rating scale form
What are General Business and Management Knowledge Areas
What will be an ideal response?