What do post-incident surveys measure?
A. whether the customer expects an immediate resolution to the problem
B. the customer's service experience with the company
C. whether or not customers found answers to their questions at the company's website
D. the strength of a customer's relationship with the company
E. the time a customer had to wait to talk or receive a text back from a service representative
Answer: B
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Since there is a lack of a profit motive in nonbusiness entities, they do not need information provided by an accounting system
a. True b. False Indicate whether the statement is true or false
For the year ended December 31, a company has revenues of $330,000 and expenses of $202,500. The company paid $55,200 in dividends during the year. The balance in the Retained earnings account before closing is $94,000. Which of the following entries would be used to close the dividends account?
A. Debit Income Summary $55,200; credit Retained earnings $55,200. B. Debit Dividends $55,200; credit Retained earnings $55,200. C. Debit Retained earnings $55,200; credit Dividends $55,200. D. Debit Retained earnings $94,000; credit Income Summary $94,000. E. Debit Income Summary $94,000; credit Dividends $94,000.
Plante owed Premo Oil Company $350 . Premo Oil Company assigned its right to the debt to Budget Finance Company on March 10 . On March 11, Plante paid Premo Oil Company $200 . On March 14, Plante received notification of the assignment by mail. When Budget Finance attempted to collect the $350, Plante refused to pay more than $150 . Must Plante pay Budget Finance Company $350?
a. Yes; rights to money are assignable and are binding as soon as the assignment agreement is made. b. Yes; rights to money are assignable and are binding as soon as the assignment agreement is recorded in the proper office. c. No; rights to money are assignable but are not binding until the debtor agrees to the assignment. d. No; rights to money are assignable but are not binding until the debtor is properly notified of the assignment.
Committees of the board of directors increase the efficiency of the board.
Answer the following statement true (T) or false (F)