_____ is a strategy that attracts new customers to existing products.

Which of the following is NOT descriptive of responsibility centers?

A) They are used to the extent that they can isolate specific functional units such as R&D. B) Each responsibility center has its own budget and is evaluated on its use of budgeted resources. C) The responsibility center coordinates all the functional areas and project developments to implement the strategic decision plan. D) The center uses resources to produce a service or a product. E) A responsibility center is headed by the manager responsible for the center's performance.

A deferral transaction is one in which ________

A) the action comes before the cash B) cash comes before the action C) a company postpones recognizing cash transactions D) the exchange of cash coincides with the economic substance of a transaction