Purchase returns and purchase discounts are subtracted from purchases to calculate net purchases
Indicate whether the statement is true or false.
Answer: FALSE
Business
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Which of the following is a change in accounting principle?
a. A change in the estimated service life of machinery b. A change from FIFO to LIFO c. A change from straight-line to double-declining-balance d. A change from FIFO to LIFO and a change from straight-line to double-declining- balance
Business
You receive a report that 68 percent of your target market has been exposed to your ad campaign during a given period of time. Which of the following aspects of media selection is represented by this information?
A) frequency B) reach C) impact D) engagement E) qualitative value
Business