A business paid $7,000 to a creditor in payment of an amount owed. the effect of the transaction on the accounting equation was to

If automobile producers expect prices of automobiles to increase in the near future, what happens to supply today?

Inelastic demand creates an incentive for suppliers to: A) compete with each other and increase the quantity supplied. B) stop producing altogether. C) try to get together and increase the quantity supplied.

15 Select the correct answer. When your ad appeals to the fears of a consumer, which advertising technique are you using? A. promotional advertising B. facts and statistics C. indirect advertising D. emotional appeal

Identify a difference between goods and services. Select one: a. Customers directly participate in goods-producing activities, whereas customers do not participate in service-providing activities. b.

Which needs in Maslow's hierarchy does Apple [electronics] appeal to? Why would customers want this product?

Since business strategies may change often, compensable factors should rarely be added or deleted. a. True b. False

Which program is not a cash-transfer program?

Parties more interested in managerial accounting data than in financial accounting data include

A researcher conducts a survey of people who use anxiety medications, recruited through an advertisement in the local paper. the researcher promises confidentiality, but accidentally leaves a folder of signed consent forms at a cyber cafe.

Osborn Manufacturing uses a predetermined overhead rate of $19.40 per direct labor-hour. This predetermined rate was based on a cost formula that estimates $256,080 of total manufacturing overhead for an estimated activity level of 13,200 direct