Answer:
Sales promotion
Explanation:
Sales promotion is a marketing strategy of stimulating the demand for a product by offering attractive incentives to customers or retailers. Sales promotion aims at increasing the sales volumes of a product. It involves the use of persuasive tactics to convince the customer to buy. The effects of a sales promotion are usually short-term but may lead to the acquisition of long term customers. Some of the sales promotions commonly used include
- Issuing discount coupons.
- Free gifts
- Discount vouchers
- Loyalty cards
The statement is true.
In preparing a bank reconciliation, the amount of an error indicating the recording of a check in the journal for an amount larger than the amount of the check is added to the balance per the company's records because the excess amount would be reduced from the bank balance in the company's records, So the company books are not correct. To make them correct the excess amount should be added back to the balance as per the company's records.
For example, if the check amount was 500 but the company recorded it as $550. Then means that the company records show $50 less compared to the bank statement. Therefore, that $50 is added back and then it comes equal to the bank statement balance.
When a note is written to settle open account an entry that converts the accounts receivable account to a note receivable account is required. This entry is required because when the note is written to settle accounts the company has to receive notes in the future and the amount of the account.
<em>Your question is incomplete. Please read below to find the missing content.</em>
In preparing a bank reconciliation, the amount of an error indicating the recording of a check in the journal for an amount larger than the amount of the check is added to the balance per company's records.
TRUE
FALSE
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Answer:
$8.50
Explanation:
Computation for the net incremental cost or savings of buying the component.
Using this formula
Incremental cost = Purchase price -Cost savings
Let plug in the formula
$37 - ($10.50+ $14.50 + 3.50)
Incremental cost=$37-$28.5
Incremental cost= $8.50
Therefore the net incremental cost or savings of buying the component is $8.50
Answer:
$10
Explanation:
By choosing option B, you have a 0.001 chance of winning $8000, and a 0.999 chance of winning the $2 consolation prize. Therefore, the expected value of option B is given by:

Rounding to the nearest cent, the expectation of option B is also $10.
I believe the correct answer from the choices listed above is option C. The principle that safer investments tend to offer lower returns while riskier investments tend to offer higher returns is called <span>risk-return relationship.</span>
Hope this answers the question. Have a nice day.