Which of the following accounts is a contra account?
A) Accumulated Depreciation-Office Furniture
B) Interest Payable
C) Depreciation Expense-Office Furniture
D) Unearned Revenue
A
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On the first day of his new job, Mackey learned the company policies, basic selling skills, and stockroom procedures with the use of videos, audio-visual presentations, and manuals. What type of training is Mackey receiving in this scenario?
A. On-the-job training B. Structured training program C. Socialization training D. Etiquette training E. Blended approach
Which of the following quantifies how an investment in marketing impacts the firm's success, financially and otherwise?
A) return on marketing investment B) a Gantt chart C) a SWOT analysis D) portfolio analysis E) a PERT chart
A company using very tight (high) standards in a standard cost system should expect that
a. no incentive bonus will be paid. b. most variances will be unfavorable. c. employees will be strongly motivated to attain the standards. d. costs will be controlled better than if lower standards were used.
You have just completed a week-long stay at a hotel/resort that hosted your company's national sales meeting. You were dissatisfied overall with the hotel's service and would like to send a message to the management of the hotel. How would the hotel benefit from your constructive criticism? What tone should the message have?