Answer:
Business letters can be confidential.
Explanation: A Business letter is a formal letter used in Organisations to effectively communicate and transact business.
Examples include letters like EXPRESSION OF INTEREST LETTERS, APPOINTMENT LETTERS,LETTER OF REQUEST ETC. A business letter can be used to convey certain confidential or private information from one client to another. There are certain components of a business letter which includes the salutation,Date, Address of both the sender and the reciever,the body of the letter, conclusion etc.
Answer: Test marketing
Explanation:
The test marketing is one of the concept that helps in explaining the various type of marketing and the business field concepts as it providing the various types of opportunities for testing the goods.
The man aim of the test marketing is that it evaluating the overall sales performance of an specific organization.
According to the given question, the McDonald's is start promoting and also offer the various types of products and examining the success this is known as the test marketing evaluation process.
Therefore, Test marketing is the correct answer.
Answer:
a. A counterfeit is an imitation of the genuine money, created with the intent to defraud.
U.S. Currency was originally printed on blue paper.
- FALSE: THE DOLLAR HAS ALWAYS BEEN GREEN
b. The First bank of the United States was started in 1888.
- FALSE: THE (FIRST) BANK OF THE UNITED STATES WAS ESTABLISHED IN 1791
c. The French unit of money is the dollar.
- FALSE: THE EURO IS THE OFFICIAL CURRENCY IN FRANCE
d. A euro is the Australian unit of money.
- FALSE: EUROS ARE THE OFFICIAL CURRENCY OF THE EUROPEAN UNION.
In 1945 $10,000 bills were discontinued for public use by the Board of Governors of the Federal Reserve System.
Answer:
Dr interest expense $2448
Dr interest payable $3060
Dr Notes payable $61,200
Cr cash($2448
+$3060
+$61,200) $ 66,708.00
Explanation:
The interest accrued at 31st December 2022 is interest for 5 months which is calculated thus:
interest as at 31st December=5/12*12%*61,200=$3060
On that interest expense would have been debited while interest payable is credited with $3060
On the due date, interest for another months need to computed as follows:
interest for four months=4/12*12%*61,200=$2448
Answer:
Price Skimming
Explanation:
Prairie Herb Vinegar is new to the market and using a price skimming strategy. This is where the product is sold at the highest price a certain customer base will be willing to purchase the product at. This also creates a scenario where a perception of quality is created. As the company attempts to attract more customers they will lower the price of the product hopefully expanding their existing customer base.
