Marketing managers at Computex concentrate their promotional efforts on advertising the low price of their computer components. What business strategy is Computex supporting?

A business pays $800 cash for office supplies. Which of the following accounts is credited?

A) Cash B) Accounts Payable C) Office Supplies D) Office Supplies Expense

Policies refer to specific guidelines, methods, procedures, rules, forms, and administrative practices established to support and encourage work toward stated goals

Indicate whether the statement is true or false