Which of the following is a consumer product classification?
A) raw and processed materials
B) MRO products
C) equipment
D) unsought goods and services
E) component parts
D
Explanation: D) The four consumer product classifications are (1 ) convenience goods and services, (2 ) shopping goods and services, (3 ) specialty goods and services, and (4 ) unsought goods and services.
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Equity of a corporation is broken out into two components. Which of the following are the two components of the equity of a corporation?
A) current assets and fixed assets B) common stock and liabilities C) revenues and expenses D) contributed capital and retained earnings
Variables that measure the effect of the independent variables on the test units are called ________
A) interdependent variables B) concurrent variables C) extraneous variables D) concomitant variables E) dependent variables