In Petaluma, California, electric power is provided to consumers by the Power To The People Electrical Company, a local co-op. Each month PTTP mails bills to 70,000 households and then processes payments as they are received. The customers are provided with a remittance advice, which is a

A) warning that failure to pay by the due date will result in a late charge.
B) confirmation of the firm's privacy policy.
C) turnaround document.
D) bill.

Answer: C) turnaround document.

Business

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What would be an acceptable goal of the Metropolitan Area Transit Authority, a nonprofit organization, for its new bus and rail service?

a. increase awareness in its target market to 75 percent b. set ridership volumes to provide a 12 percent ROI c. increase expenses to fit budgetary allowances d. gain a larger market share than the for-profit Trip Planner Bus Lines' routes in the area

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When Antoine purchased a doll dream house for his daughter, he mailed in his receipt showing how much he had paid for the toy and the proof of purchase form off the carton in which the dream house came to the manufacturer. In six weeks, he received a check from the manufacturer for five dollars. The manufacturer used a ________ to refund part of the purchase price.

A) cash allowance B) premium C) coupon D) rebate E) price-off pack

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