A market opportunity is viable and attractive if:
A. The firm has the marketing communications skills needed to reach that market
B. There are enough potential customers in that market for the needed product so that the total potential sales volume will be substantial
C. The opportunity is consistent with the mission and objectives of the company
D. The firm has the financial and human resources needed to reach that market
E. All of the above conditions are met
Ans: E. All of the above conditions are met
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Pluto, Inc. sells tickets in advance for its weekly productions and records the proceeds as Unearned Revenue. At the end of each month, the company makes an adjusting entry to account for the tickets used during the month (ticket revenue) On March 1, the Unearned Revenue account had a credit balance of $5,000. During March, it sold 600 tickets at $40 each, and 550 tickets were used during the month. What is the balance in Unearned Revenue at the end of March?
A) credit balance of $7,000 B) debit balance of $5,000 C) credit balance of $5,000 D) debit balance of $7,000
When using electronic documents, ________ increase(s) the accuracy of data entry
A) access controls B) separation of duties C) general controls D) application controls