An organization's ability to achieve lower costs relative to competitors through productivity and efficiency improvements, elimination of waste, and tight cost control is:

A) cost leadership.
B) consumer relations.
C) product differentiation.
D) bargaining power of consumers.
E) bargaining power of suppliers.

A

Business

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Preparing balance sheets, income statements, and other statements and reports is an example of __________.

Fill in the blank(s) with the appropriate word(s).

Business

Swan Song's adjusted trial balance as of December 31, 2016 is given below: Debit Credit Cash $12,000 Accounts Receivable 11,000 Prepaid Rent 7,000 Prepaid Insurance 2,000 Office Supplies 3,000 Building 52,000 Accumulated Depreciation—B

A) 7.01 B) 2.07 C) 1.80 D) 2.73

Business