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AnnyKZ [126]
3 years ago
6

16.

Business
1 answer:
Oxana [17]3 years ago
3 0

<u>Answer: </u>Information search

<u>Explanation:</u>

There are five stages in consumer decision making process they are need recognition, information search, evaluation of alternatives, purchase and post purchase behavior. In the second stage the consumer looks for internal and external information through search.

Through information search the consumer gets a clarity on the options that is available and how the products will satisfy their needs. Internal search is consumer's memory which is triggered on seeing the product. External sources are collected from public resources such as people, internet, books etc.

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Which of the following statements is false? Multiple Choice Prepaid insurance is a deferred expense. Prepaid insurance represent
inna [77]

Answer:

B. Prepaid insurance is shown on the income statement

Explanation:

Prepaid insurance first and foremost is a current asset and as such will not reflect in the income statement but in the statement of Financial Position or Balance Sheet.

Although, prepaid insurance will be shown as paid within the year, it must be deducted from the insurance premium paid for the current year and then reported in the balance sheet as a current asset.

Prepaid insurance is treated as a current asset because it is an indication of insurance premiums paid for by the company in advance. It is a payment for economic benefits that will be enjoyed in the future, therefore it is a current asset. The only part of an insurance premium that shows in the income statement is the insurance expense paid for insurance benefit enjoyed in the current period

3 0
3 years ago
According to the Investment Company Act of 1940, the definition of "investment company" could include which of the following
kicyunya [14]

Answer:

Option (B) is the right answer.

Explanation:

According to the investment company Act of 1940, the investment companies are those companies whose main business is to gathers investment capital to invest them in marketable securities.

Hence According to the scenario, the most appropriate answer is option (B).

While the other option is incorrect because of the following reason:

  • Brokers/dealers can not be considered as an investment company because they are not the company.
  • Pooled investments in metals are not an investment company but considered as the commodity pool.
  • Insurance companies are also not investment companies.

7 0
3 years ago
What do banks pay people who leave their money there?
Kruka [31]
I'm pretty sure it is interest
6 0
2 years ago
What types of behavior are considered discriminatory, harassment, and workplace violence?
arlik [135]
Verbal/ Written
Physical
Visual
4 0
3 years ago
At one time there were many farm cooperatives, but more recently other forms of business ownership have replaced them.
frutty [35]

Answer:

False

Explanation:

Farm cooperatives remain by far the most important food source in the world, both for direct human consumption and, indirectly, for livestock production inputs.

Since the mid-sixties, the world has managed to increase cereal production by almost one billion tons.

The business has expanded in recent decades, becoming a very prosperous industry.

3 0
3 years ago
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