When the conventional retail method includes both net markups and net markdowns in the cost-to-retail ratio, it approximates a lower-of-cost-or-market valuation.

a. true
b. false

Answer: b. false

Business

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In planning a sponsorship or event marketing program, after the marketing team matches the event with the company's customers, vendors, or employees, the next step would be:

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A survey about pet ownership used a sample derived from people who visit a website and register. This sample would lack ________ because not everyone has Internet access

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Business