ENT303
Q1
Cash discounts are price reductions based on ……………. of payment.
promptness
Q2
Personal selling and after sales service are generally more important for ………… products.
industrial
Q3
Values used in calculating financial ratios are taken from from all of the following sources except:
profit statement
Q4
………………..is offering more quantity of the same product at no extra cost or with a very nominal increase in the price of the larger quantity packs
quantity-off offers
Q5
Activity ratios assess the ……………. of operations of a business.
efficiency
Q6
Product Levels cn be claasified to include all of the following except:
the health benefits
Q7
A promotional …………………….. aims at accomplishing the promotion objectives in the allocated funds and within a scheduled period of time.
strategy
Q8
The units of material to be purchased are thus, determined as: Purchases (units) = …………… + Desired ending inventory (material) – Beginning inventory (material)
budgeted usage
Q9
This channel of distribution for………..goods is mostly adopted by manufacturers which wish to maintain control over their products.
industrial
Q10
Software is a set of instructions that tells the ……………what to do.
hardware
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